(541) 762-1967Bankruptcy
What’s Life Like After Bankruptcy?
If you are reading this, chances are you have received your Chapter 7 discharge, or you recently finished paying your Chapter 13 plan. If this is the case, congratulations! You now have an opportunity to move forward with a fresh start. While bankruptcy gives you financial relief, you may have some questions about your life…
Read MoreCan I Pay Back Family Before I File Bankruptcy?
During difficult financial times, you turn to family and friends for help. They lend you money when banks couldn’t, regardless of your credit score. But when your debts pile up, can you pay back your family any money owed to them before filing for bankruptcy? A quick answer is “no.” You should avoid paying relatives and…
Read MoreBankruptcy Lawyer in Lane County Helping to Eliminate Second Mortgages
Second mortgages, often in the form of a Home Equity Line of Credit (or HELOC) is an effective tool to use the equity in your house to make home improvements or pay for other expenses. However, if you find yourself in financial distress, the extra mortgage payment may take a serious toll on your budget.…
Read MoreTop Reasons Why People File for Bankruptcy
No one wants to file for bankruptcy. But many Americans did file last year and many more will file this year. The question then becomes: What drives them into a situation where they need to wipe their financial slate clean? What happened along the way that made bankruptcy the best option available? There are three…
Read MoreMistakes to Avoid Before You File for Bankruptcy
Bankruptcy judges are not very kind to those who attempt to defraud the bankruptcy process. Even innocent-seeming transactions can cause a bankruptcy judge or the trustee to look askance at your filing. To avoid even the appearance that you are trying to pull one over on them, you should avoid making any of the following…
Read MoreI’m Being Sued by a Creditor! What Should I Do?
Most people file for bankruptcy once they learn that a creditor has either initiated a lawsuit against them or made their intent to sue known. The lawsuit cannot move forward, however, until you are actually served with papers. If the debt is small enough to be handled in small claims court, then you can be…
Read MoreHow to Get a Mortgage After Filing Bankruptcy
Most folks think that if they file for bankruptcy, they’ll never be able to get credit again. They have dreams of buying a house, so they wait and wait while interest accumulates on their accounts. They struggle to repay the money they owe until eventually, they have no choice but to file for bankruptcy. With…
Read MoreHow to Choose a Bankruptcy Attorney
So your finances are getting away from you? You’re not alone. Every year millions of Americans file for bankruptcy. They lose their jobs, they incur unforeseen medical expenses, or they keep trying to pay but it never seems like their balance goes down. Then their creditors start filing lawsuits against them. They go online and…
Read MoreChapter 13 Bankruptcy Versus Chapter 7
Bankruptcy Individuals have two main options for bankruptcy: Chapter 7 and Chapter 13. These are vastly different in the way that they manage your debts. They also have different credit penalties and are well-suited to handling specific types of debt. In this article, we’ll take a look at some of the main differences between Chapter…
Read MoreCan a Bankruptcy Stop My Foreclosure?
Those who are facing foreclosure often consider the possibility of bankruptcy. Of course, when most people think of bankruptcy, they think of Chapter 7. They wrongly assume that their debts will be wiped out with a penalty on their credit report. While this does describe Chapter 7, there is another type of bankruptcy, Chapter 13,…
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