Pay Less on Your Vehicle Loan Every Month & Pay It Off for Less Money In our last blog we talked about keeping your vehicle in a Chapter 7 case through the protection of the vehicle exemption. But we didn’t talk there about what to do if you have problems making the vehicle loan payments. So ... Read More »
Welcome to the Portland Bankruptcy Law Blog
I'd like to help you overcome your financial problems. One good way to start is to provide you with accurate and timely information about the bankruptcy laws. I do that here through informative blog posts, with a new one published here every week. I've been doing this for years so there is a wealth of information for you here.
But please be aware that since you are unique person you need a highly personalized solution to your challenges. That requires the analysis and advice of a conscientious and highly experienced attorney. That's really the only sensible way to get the benefit of the many powerful and effective remedies that the law provides.
So I hope the information provided here is helpful to you. Please contact me for guidance to a much better place.
So you’ve heard that in a regular Chapter 7 bankruptcy most people can keep their vehicle, but you are worried about whether you’d be able to keep yours. Here’s how this works. The law protects, or “exempts,” certain things you own so that your creditors can’t take them from you. The idea is that ... Read More »
Congress and the courts have over the years generally made it harder and harder for you to write off (“discharge”) student loans in bankruptcy. Most debts, such as credit cards, medical bills, old utilities and back rent, can be written off, or “discharged,” when you file a bankruptcy. But ... Read More »
In our last blog we covered the new Oregon Job Applicant Fairness Act, which made it illegal for most employers in Oregon to use a job applicant’s credit history in making hiring decisions. Besides this state law, there’s also a federal law, which means it is enforceable all over the country. ... Read More »
On July 1, 2010, Oregon’s Job Applicant Fairness Act went into effect, saving workers from one of the meanest Catch-22s of this Great Recession: after not being able to pay their bills because they don’t have a job, then not being able to get a job because they can’t pay their bills! This law made ... Read More »
In our last blog we covered “junior mortgage lien stripping,” emphasizing that it’s only available by filing a Chapter 13 case, NOT Chapter 7. But THIS blog covers another very important tool for saving your home which can work in BOTH Chapter 7 and 13: “judgment lien avoidance.” Here’s how this one ... Read More »
In our last blog we said that Chapter 13 can “sometimes get you out of having to pay your 2nd or 3rd mortgage ever again.” This “junior mortgage lien stripping” is a truly unusual twist in the law that could save you tens or even hundreds of thousands of dollars. Here’s how it works. 1) This ... Read More »
In our last blog we gave you some ways that filing Chapter 7 can help save your home. As great as some of those are, Chapter 13 is where the big home-saving action is. Here are ten major advantages that you get when you file a Chapter 13 case. A Chapter 13 case lets you: 1. . . . take as long as ... Read More »
You might have heard that a Chapter 13 “payment plan” can be a good way to stop a foreclosure of your home and allow you to keep it. But what if you don’t want to keep the house, instead just need a little more time to finish a pending sale or to be able to find another place to live? Or maybe you ... Read More »
In our last blog we gave you some reasons why short sales are often not all they’re cracked up to be. In this blog we look at the reasons you might want to do a short sale and why other alternatives may serve that purpose better. Sometimes it IS worth trying to sell your home on a short sale, but it ... Read More »