Oregon Chapter 7 and Chapter 13 Bankruptcy Overview
Oregon bankruptcy laws have been a haven for many people caught in the storm of debt. The laws may provide protection and relief if you’re struggling under the burden of debt.
If you need help getting your debt back under your control, you can learn about the options and tools provided by Oregon law on this page.
If you need help now, need more information or have already decided that you want to take advantage of bankruptcy, you can speak with a local bankruptcy attorney.
Simply complete the free case review form on this page and we’ll connect you with a local Oregon bankruptcy lawyer .
Oregon Bankruptcy Law
When you speak with your Oregon bankruptcy lawyer for the first time, he or she will likely explain the different ways
that Chapter 7 and Chapter 13 bankruptcy may affect you.
To help determine which type of bankruptcy is best for you, you and your lawyer will need to go over your finances, debts, income and assets. This information is vital when you’re trying to take maximum advantage of aid offered by bankruptcy.
Chapter 7 bankruptcy, for example, might be able to make a significant difference in your life if your debt is mostly unsecured debt, the type of debt that results from credit cards, medical bills, utility bills, personal loans and even payday loans.
But in order to qualify, you’ll need have a income below a certain level. Also, Chapter 7 bankruptcy may be best for folks that don’t own too many assets. You’ll want to review the Oregon bankruptcy exemptions to ensure that all of your property is fully protected.
Category: Payday loans