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Fighting for the Little Guy in Portland & Beyond

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Bankruptcy Options Depend on Business Type

Starting a new business is an optimistic endeavor, yet the odds are not necessarily in your favor. While approximately 80% of new businesses survive the first year, only about half reach the five-year mark, and two-thirds or so fail before reaching their 10th anniversary.

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Looking Into Some of The Financial Perks of Chapter 13

When people approach the process of filing for bankruptcy, they often have a lot of questions and they may have uncertainty regarding various facets of filing for bankruptcy and how this move will affect their life. Before moving forward with a bankruptcy petition, it is critical for people to ensure that they have selected the most suitable option and are aware of how this move will affect their life, financially and in other ways.

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Can Bankruptcy Put an End to Creditor Harassment?

As an Oregon resident who is currently dealing with debt, you already have enough pressure to deal with without creditors banging your door down in an attempt to intimidate you. You may have heard that filing for bankruptcy can get them to stop harassing you, but how true is this?

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Finding Time to Focus on Your Estate Plan

Daily life can be very hectic for a lot of people, whether their job consumes much of their time (and brings a considerable amount of stress) or they are working through other difficult issues, such as marital problems, depression, etc. Moreover, some people may be very busy because they are training for an important competition or event, or because they simply enjoy finding peace of mind by taking part in certain activities (such as hiking) during this time of the year.

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How Can a Bankruptcy Save Your Oregon Business?

Sears is an example of a company saved by a bankruptcy, an action that enabled it to keep its remaining retail stores open, including 17 locations in Oregon. A federal bankruptcy judge authorized the struggling retailer to sell its remaining assets to its chairman, as reported by USA Today.

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Is Chapter 11 Bankruptcy Right for Your Small Business?

As a small business owner in Oregon, one of the last things you want to deal with is the decision of what kind of bankruptcy to declare. However, if you are at a point where you are unable to pay off your debts and risk losing your business, Chapter 11 bankruptcy may be a feasible option.

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What Is the Bankruptcy Means Test?

When you feel like you cannot handle your debts, then it is natural to consider filing for bankruptcy. Chapter 7 bankruptcy in Oregon pays off some of your debts by selling different properties.

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Is Chapter 13 Better for Your Credit Rating than Chapter 7?

Making the decision to file bankruptcy is Oregon is tough enough, but having to then figure out whether to file Chapter 7 or Chapter 13 can be frustrating. You may have heard people talk about which is the better choice, but if you are concerned about your credit after you file, then you may find one option outweighs the other.

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Are Your Student Loans Discharged when You File for Bankruptcy?

For many families and individuals in Oregon, bankruptcy is seen as a relief from immense pressure and a way to get a fresh financial start. The weight of smothering debt and constant contact from creditors can become overwhelming and bankruptcy allows you to start over with a fresh perspective.

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When Should You Create an Estate Plan?

When you think about an estate in Oregon, you probably think of the assets of someone with a lot of money. You may think of someone older as well.

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