In Oregon and around the nation, countless people have continued to struggle with how to stay on top of their debt, despite the relatively healthy and booming economy over the last several years. Whether due to excessive out-of-pocket medical costs, job loss, divorce or some other factor, many ... 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.
When filing for Chapter 7 bankruptcy, debtors can have a great portion of their debt discharged. However, creditors can also have a say in the process, and in some cases, creditors may even object to discharges depending on the circumstances. The United States Courts explain how Chapter 7 discharges ... Read More »
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. If your small business is ... Read More »
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 ... Read More »
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? Fortunately for ... Read More »
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 ... Read More »
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. Over ... Read More »
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. Under ... Read More »
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. If you do not have the property to sell, then you can discharge your debts. Now, not everyone is eligible ... Read More »
Registering your small business as a legal entity protects your personal property from liability. Having a separate entity for your company may also carry tax advantages. Oregon small businesses can opt to form as one of several legal structures, each with unique benefits and disadvantages. Before ... Read More »