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 ... 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 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. The reality is that estate planning is not just for the really wealthy or older adults. It is something that provides benefits for people of all income ... Read More »
If you wish to file for Chapter 7 bankruptcy in Oregon, you will first need to pass the means test. According to NerdWallet, the bankruptcy courts designed the means test to limit the number of debtors who could discharge their debts via Chapter 7 bankruptcy. Those who pass the means test qualify ... Read More »
Here at Christopher J. Kane, PC, we often get asked about how to qualify for a Chapter 7 bankruptcy requirements in Oregon. There is more than one type of bankruptcy you qualify for. Each case depends on your situation, assets and ability to repay. Chapter 7 liquidates the debtor’s assets to pay off ... Read More »
For some Oregon business owners, bankruptcy may be the only option to save their companies from falling into a financial abyss. However, because the word bankruptcy carries a stigma of financial failure, some entrepreneurs may fear that as soon as they go bankrupt, their suppliers and vendors will ... Read More »
If your Oregon home has both a first and second mortgage on it and you fear the possibility of foreclosure due to the financial difficulties you have recently encountered, you may want to consider filing Chapter 13 bankruptcy. Why? Because Chapter 13 can prevent your first mortgage lender from ... Read More »
Bankruptcy discharge is the process of having your debt forgiven after filing for chapter 7. At this point, it is no longer permissible for creditors to contact you in order to recoup a debt, which can be a great relief to the filer. The Balance explains the bankruptcy discharge process as it ... Read More »
As a debt repayment plan, chapter 13 allows you to keep your home and other possessions while discharging many types of debt. You must meet certain criteria to be eligible for chapter 13, as it’s crucial that you’re able to keep up with payments for the duration of the repayment term, which usually ... Read More »
Some people play the lottery for years, hoping to finally score big and see their lives change immediately. Most are not ever able to realize these dreams, but some become wealthy overnight, and this can change their life in many ways. With newfound wealth, they may be able to enjoy life in various ... Read More »
For many individuals and businesses, bankruptcy eventually becomes the only option to remain afloat. Although bankruptcy seems like a viable solution for anyone in debt, the truth is that it cannot solve everyone’s problems. It cannot clear up all debts. You should consider the types of debts you ... Read More »