Filing bankruptcy mostly does not affect the collection of child or spousal support against you—except it can help in one very important way. Support Obligations Mostly NOT Affected by Bankruptcy 1. No discharge (“write-off”) of child and spousal support obligations ... 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.
Here are 5 more facts to help clear up the many misconceptions about how bankruptcy affects income tax debts. In our last blog post we’ll give you our first 5 crucial facts about income taxes in bankruptcy. Here are the rest of them. 6. A Chapter 7 “straight bankruptcy” case ... Read More »
There are many misconceptions about how bankruptcy affects income tax debts. These facts will help make sense of this confusing arena. 1. Filing your bankruptcy case immediately stops virtually all tax collection actions against you. The IRS, your state taxing agency, and all other tax ... Read More »
Do you owe a debt that you think is secured by things like your furniture, appliances, electronics? How does bankruptcy deals with these? 1. Is it really secured? The first thing is to make sure that the debt you think is secured by collateral really is. Does the creditor really ... Read More »
Bankruptcy protects your vehicle and helps you deal with your vehicle’s debt in many ways. Here are 13 of them. 1. Is your vehicle free and clear of any debt? That means it could be exposed to seizure by creditors for payment of their debts. Protect your free and clear vehicle(s) by ... Read More »
The unique powers of even a simple Chapter 13 case are impressive. They allow you to reach goals that a “straight bankruptcy” simply can’t. Some of the Simple Benefits of Chapter 13 Even in with a simple Chapter 13 case you can: 1) catch up on your unpaid mortgage payments, ... Read More »
Even a simple Chapter 13 case has many powers unavailable under Chapter 7. So the extra time Chapter 13 takes can be highly worthwhile. Chapter 13 Consumers file a Chapter 13 case mostly because of significant advantages that it gives them over Chapter 7. Also, sometimes people ... Read More »
A simple Chapter 7 case 1) protects you from all collections, 2) discharges all your debts, 3) lets you keep or surrender collateral and 4) keep all your other assets. Chapter 7 Is the Most Common Kind of Bankruptcy Consumers file significantly more Chapter 7 bankruptcy cases than ... Read More »
Yes, you do have a moral obligation to pay your debts. But you may actually have HIGHER moral obligation to file bankruptcy instead. The Moral Side of Bankruptcy Is it the right thing to do? Is bankruptcy the morally right thing for you to do? This is not usually talked about, maybe ... Read More »
When you file a Chapter 7 “straight bankruptcy” case, usually you can keep everything you own. These 10 points show how this works. Property exemptions usually protect all that you own, but they are trickier than may seem: Exemptions are categories of protected ... Read More »