A Personalized, Sensitive
Approach To Bankruptcy
Eugene Bankruptcy Law Blog
What is a Chapter 7 reaffirmation agreement?
Many young families that are facing financial hardship worry about their future. They might know that bankruptcy is an option that's available to them, but they often fear that pursuing bankruptcy will leave them with nothing. As a result, these families tend to work...
Chapter 13 bankruptcy: Debt limits and eligibility to file
When Oregon residents can no longer keep up with their debts and the harassing phone calls trying to collect never seem to stop, bankruptcy may be a worthwhile alternative. Knowing which chapter suits the individual’s needs can be confusing. This, combined with the...
How does the automatic stay work during the bankruptcy process?
The automatic stay can provide important relief for filers of bankruptcy that is ongoing during the bankruptcy process. It is essential for struggling consumers to understand how personal bankruptcy protections can help them enjoy debt relief overall and provide...
Reducing the impact a bankruptcy has on your credit score
When difficult financial times occur, it can shake your world. But when debt continues to grow and there is no means to address it, it can leave an individual feeling hopeless. While many seek to put off filing for bankruptcy because they are fearful of how it will...
Do’s and Don’ts of medical debt
Medical bills can be overwhelming. But there are recommended methods to deal with medical debt while other options can have consequences. Quick fixes and ignoring debt can compound debt and lower your credit scores. For example, placing debt on a credit card will...
What are the benefits of filing for bankruptcy?
Opening the mail can be a scary event for Oregon residents who are struggling with debt—as the bills keep piling up, it becomes harder and harder to avoid the obvious. Unfortunately, neglecting to open one’s mail is not the best way to deal with debt—as late payment...
Should I file for bankruptcy under Chapter 7 or Chapter 13?
Deciding to file for bankruptcy is a difficult decision that requires a great deal of planning and consideration. Before making that decision, however, you should be aware of your options when it comes to filing for bankruptcy. Most bankruptcies are filed under...
Don’t fall for these common misconceptions about bankruptcy
Young married couples in Oregon may be in love, but even love cannot change the fact that they also may have accumulated a significant amount of debt that they either came into the marriage with or incurred after they were married. They may have a mortgage on a...
Chapter 7 bankruptcy can be a path toward a fresh financial start
Oregon residents can find themselves facing seemingly insurmountable debt for a wide variety of reasons, including medical debt and credit card debt, among others. When this happens, most people do their best to make a budget and pay back the debt as they are supposed...
How medical debt can grow even with health insurance
From time to time people in Oregon need to go to the doctor. This could be for routine check-ups, preventive care or to treat injuries or illnesses. If people are there for check ups and other routine care usually people are in and out of the office fairly quickly and...
