In our last blog we talked about MERS—the Mortgage Electronic Registration Systems, Inc.—and the problems it has caused for lenders and their foreclosures during the past several months. We ended that blog by telling you that we would update you in our next blog about the recent cancellations of ... 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.
MERS? What’s MERS? It’s what’s behind the headline that made the very top of the front page of the Oregonian a couple of Sundays ago: “Hundreds of foreclosed sales halted.” MERS is a company set up about 15 years ago by a bunch of the biggest players in the mortgage finance business to reduce ... Read More »
The Problem: As the number of foreclosures has skyrocketed in the last two or three years, more and more renters living in the houses or apartment buildings being foreclosed have become victims of the legal dispute between their landlord and the landlord’s bank. Renters have become the collateral ... Read More »
Most people know that some specific kinds of debts can’t be legally written off (“discharged”) in bankruptcy, like child and spousal support and most (but not all) taxes. But you may have heard that sometimes creditors can challenge your ability to discharge even ordinary debts like credit cards ... Read More »
You might have heard that bankruptcy does not help with taxes, and especially not with business taxes. That’s not true. This is an area with many myths and misconceptions. Let’s clear some of them up right now. Myth: Bankruptcy does not write off some debts, and taxes are one of the categories ... Read More »
It’s not a great idea to decide to make a major decision in life because “everyone’s doing it.” But that may be a good reason to look more closely at what “everyone” is doing and then decide whether doing it makes sense for you. This is true even about something as personal as filing ... Read More »
In our last blog two weeks ago we talked about major mistakes that many of the mortgage lenders made in the past few years in documenting mortgage loans and foreclosures. These lenders cut corners and likely broke the law—sometimes in more than one way. In some cases you may be able to leverage ... Read More »
During the last few months, the local and national news has been full of stories about mistakes made by mortgage lenders that have helped millions of homeowners at least buy some time to live in their homes threatened by foreclosure. Some of these homeowners have done better than buy time: they’ve ... Read More »
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 »
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 »