A Personalized, Sensitive
Approach To Bankruptcy
Eugene Bankruptcy Law Blog
People with young children more likely to have credit card debt
There are many great reasons to have children in Oregon and when children are born it is a very joyous time. However, raising children is not easy. It takes a lot of patience and can be very stressful trying to make sure they are raised correctly. As many parents...
Basic qualifications for Chapter 7 Bankruptcy
In order to live the lifestyle that people want to live in Oregon, they need money. People need money to pay rent or mortgages, to pay utilities, food, gas, health insurance and medical expenses, entertainment and many of things in life. However, these things continue...
Stopping wage garnishment through Chapter 13
It's hard enough to dig yourself out of debt when you are receiving a full paycheck. When your wages are being garnished, it can feel impossible to return to get out of the red. If you have a judgment against you, Oregon law allows a creditor to issue an order to...
Patients deserve to know fair prices for medical procedures
If paying a medical bill was like buying a candy bar, consumers would know the exact amount they owe. However, some hospitals may choose to keep consumers in the dark about fair procedure prices. Often, the expensive charges don’t usually correlate with quality of...
Medical bills cause bankruptcy rise among older adults
People in Oregon who are 55 and older may be more likely to file for bankruptcy than they would have been 30 years ago. Between 1991 and 2016, the percentage of people in the 55 to 64 age group who declared bankruptcy went up 66%. For those 65 to 74, it has increased...
How the automatic stay works during the bankruptcy process
If you made the choice to file for bankruptcy, it is probably because you feel you are in a place where you can no longer manage your financial obligations on your own. Another reason may be the constant contact from creditors and debt collectors, which can cause you...
Credit card debt in the U.S. increases
The amount of money U.S. consumers owe to credit card companies reached almost $900 billion at the end of 2018 according to a recent report from the Consumer Financial Protection Bureau, which means that the total revolving debt in the United States is now more than...
Understanding circumstances where bankruptcy may be a good option
Oregon residents who are in debt may wonder when is the right time for them to file for bankruptcy. They might have $20,000 or $30,000 in credit card debt or a car loan for a few thousand dollars.First, the individual may want to consider their income and asset level....
Bankruptcy potentially an option for student loan borrowers
Any number of personal setbacks could cause student loan borrowers in Oregon to fall behind on their payments. Although people largely believe that student loans cannot be discharged by a bankruptcy action, cases of undue hardship might convince a judge to provide a...
Credit card debt is growing nationally
Many people in Oregon and across the country are struggling with the growing weight of credit card debt. Nationwide, Americans owe more than $1 trillion on their credit cards. During the second quarter of 2019, American consumers accumulated an additional $35.6...
