When people file for bankruptcy, it may make it harder to get a loan. However, it may not necessarily mean that companies in Oregon or elsewhere in the United States won't hire them This is according to a study conducted by researchers from Yale, Harvard and the University of Chicago. The ... Read More »

A person in Oregon who files for a Chapter 7 bankruptcy can expect creditors to be issued an automatic stay. This requires creditors to stop actions against the debtor, including pursuing repossession or other actions to collect the debt. According to one bankruptcy court in Virginia, it also means ... Read More »

One of the most common reasons people give for not wanting to file bankruptcy is concern about the impact of bankruptcy on their credit score and future creditworthiness. Most people only know that bankruptcy will have an immediate negative impact on their score and will be on their credit report ... Read More »

Some people in Oregon who are struggling with debt might want to consider filing for Chapter 7 bankruptcy. Most debts can be discharged in a Chapter 7 bankruptcy, but if a person owns property that can pay for some of the debts, that property might be sold. Eligibility for Chapter 7 bankruptcy ... Read More »

The question of whether bankruptcy could save your home depends on a variety of factors. However, most people who qualify for personal bankruptcy in Oregon also qualify for a significant exemption to protect the value they hold in their home. Various important factors in this case include the ... Read More »

Money can be a great source of concern for many people, and all too often, your problems slowly creep up. It can be hard to know when enough is enough when you’re stuck on the inside for so long. Portland saw over 4,700 filings for bankruptcy in 2019 between Chapter 7 and Chapter 13, two modes ... Read More »

Chapter 13 bankruptcy is an alternative available to those for whom neither Chapter 7 liquidation nor consumer credit counseling is an option. It involves creating a repayment plan to extend over a period of five years at most. During the replacement period, you will make monthly payments to a ... Read More »

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 »

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 »

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 »