“The hogtie is a method of tying the limbs together, rendering the subject immobile and helpless. Originally, it was applied to pigs (hence the name) and other young four-legged animals[i].” If you are a member of a credit union there is a good chance you have been hogtied by them without even knowing it.  Many […]

Can an LLC File for Chapter 7?

Can an LLC File for Chapter 7?

Many individual debtors file for Chapter 7 bankruptcy because they will obtain some financial breathing room through the discharge of their unsecured debts. For example, credit card debt can spiral upward over time, and it can reach the point where you simply can’t pay all of your credit card bills and the other debts that […]

Bankruptcy and Credit Counseling

Bankruptcy and Credit Counseling

There are certain requirements that must be met before you can file for bankruptcy. The government wants to make sure that you know exactly what you are getting into, so you have to complete a credit counseling course before you can go through with a bankruptcy filing. There are certain organizations that offer this course […]

Is There a Chapter 13 Bankruptcy Debt Limit?

Chapter 13 is a reorganization bankruptcy. With this form of bankruptcy, you get an automatic stay as soon as you file. This shields you from most collection efforts while the bankruptcy is in progress, so you get some immediate relief. You create a repayment plan that will span for three years or five years when […]

Avoid Post-Bankruptcy Mistakes

Avoid Post-Bankruptcy Mistakes

If you are being overwhelmed by ever-spiraling debt, bankruptcy can provide a solution, and the benefits are realized immediately. You get an automatic stay when you file for bankruptcy, and this makes most debt collection efforts come to a halt. The two different types of bankruptcies that most people (who are not in business) use […]

Is Any Property Exempt When I File a Chapter 7 Liquidation?

A Chapter 7 bankruptcy is a liquidation bankruptcy. As the name would suggest, if you file for this type of bankruptcy, you might be required to turn your property over to a bankruptcy trustee. The trustee will liquidate the property and the proceeds would be used to pay back your debts. Some types of debts […]

Does Bankruptcy Wipe Out Lawsuit Judgements?

If you fall behind on a debt, the creditor can file a lawsuit in an effort to get a judgment against you.  A judgment allows a creditor to garnish wages and bank account and it also allows them to put a lien on your home.  Many people who are in this situation consider the possibility […]

Filing for Bankruptcy in Oregon

Filing for Bankruptcy in Oregon

We have bankruptcy law offices in many different cities throughout the state of Oregon, including Portland, Medford, Eugene, Salem, Tigard, Klamath Falls, Coos Bay, Bend and several others. There are federal bankruptcy statutes, but there are also state specific laws that effect bankruptcy. In this post, we will provide an overview regarding some of the […]

Can a Collection Agency Call Me at Work?

There are few things more annoying than unbridled collection attempts from very rude and aggressive collectiong companies. In far too many cases they cross over the line, and there is indeed a line in place. It was drawn through the passage of the Fair Debt Collection Practices Act (FDCPA). This piece of legislation spells out […]

How Much Do Bankruptcy Lawyers Charge?

If your debt has become an insurmountable problem for you, the prospect of spending money in an effort to find a way out of the situation may not sound very appealing. You may come to the conclusion that bankruptcy is the only logical option for you, but you are not a bankruptcy lawyer so you […]

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