Oregon Bankruptcy & Washington Bankruptcy . Bankruptcy Practice Group This information is presented by the Bankruptcy Practice Group of Baxter & Baxter, LLP. The Portland, Oregon bankruptcy attorneys and Vancouver WA bankruptcy lawyers of the Bankruptcy Practice Group represent individuals in Chapter 7 and Chapter 13 bankruptcies. We offer a free initial phone consultation. We can stop collection calls from debt collectors and home foreclosures. We can advise consumers whether to file for bankruptcy, and what form of bankruptcy to file. Get a Fresh Start Today! When the financial troubles of life come your way, and the creditors won’t stop calling, bankruptcy could be the right choice for you, bankruptcy will not ruin you like the debt consolidation programs often claim. It could be a fresh start provided to you by the government. After bankruptcy it could only take 2 years to rebuild your credit and get you back on track. Our law offices can help you choose your best options and get you on the road to financial recovery Discover the advantages of bankruptcy before making your next move. Our rates are competitive, and an uncontested no-asset Chapter 7 bankruptcy can be filed for as little as a $1,250 attorney fee (plus the applicable court filing fee). If you don’t have the full fee right now, call us to discuss prioritizing your payments. Sound Advice with Dignity and Empathy Deciding whether to file bankruptcy is a very serious decision. The majority of bankruptcies are precipitated by circumstances outside a person’s control — loss of a job, divorce, or significant illness. The stress of these events is compounded by collection letters and calls, and the fear of losing a home to foreclosure. The dedicated and compassionate bankruptcy attorneys of Baxter & Baxter, LLP, understand all of these realities, and endeavor to provide clear and concise advice, so that the bankruptcy process is as transparent and understandable as possible. Once the bankruptcy is completed and the discharge order is entered, our clients can begin a new life and get a fresh start! Benefits of Filing for Bankruptcy Filing for bankruptcy is a serious and important decision that has significant ramifications. The Portland bankruptcy lawyers of Baxter & Baxter, LLP, can help you decide whether filing for bankruptcy is right for you. We can advise you on whether you qualify for a Chapter 7 liquidation, or would be better served by entering into a Chapter 13 repayment plan. Among the many benefits of filing for bankruptcy are: * Stop garnishments on bank accounts and wages * Stop home foreclosures * Stop harassing phone calls from bill collectors and collection agencies * Prevent utilities from being shut off * Stop car and truck repossessions * Eliminate some back taxes Filing for Bankruptcy in Oregon and Washington The most common types of personal bankruptcy for individuals are Chapter 7 and Chapter 13. As much as 65% of all U.S. consumer bankruptcy filings are Chapter 7 cases. In Chapter 7, a debtor surrenders his or her non-exempt property to a bankruptcy trustee who then liquidates the property and distributes the proceeds to the debtor’s unsecured creditors. In exchange, the debtor is entitled to a discharge of most of their debt. Certain debts (e.g. spousal and child support, student loans, some taxes) will not be discharged even though the debtor is generally discharged from his or her debt. Many individuals in financial distress own only exempt property (e.g. clothes, household goods, an older car) and will not have to surrender any property to the trustee. The amount of property that a debtor may exempt varies from state to state. Chapter 7 relief is available only once in any eight year period. Generally, the rights of secured creditors to their collateral continues even though their debt is discharged. In Chapter 13, the debtor retains ownership and possession of all of his or her assets, but must devote some portion of his or her future income to repaying creditors, generally over a period of three to five years. The amount of payment and the period of the repayment plan depend upon a variety of factors, including the value of the debtor’s property and the amount of a debtor’s income and expenses. Secured creditors may be entitled to greater payment than unsecured creditors. Portland, Oregon Bankruptcy Law Offices The Portland, Oregon bankruptcy attorneys of Baxter & Baxter, LLP have offices in SW Portland, and represent consumers in Beaverton, Tigard, Hillsboro, Aloha, Tualatin, and other cities. If you would like a free telephone consultation with an Oregon bankruptcy lawyer, call (503) 297-9031 today! Vancouver, Washington Bankruptcy Law Offices The Vancouver, Washington bankruptcy attorneys of Baxter & Baxter, LLP have offices in SW Washington, and represent consumers in Vancouver, Clark County, and Cowlitz County. If you would like a free telephone consultation with an Oregon bankruptcy lawyer, call (360) 574-5239 today! Member of National Association of Consumer Bankruptcy Attorneys (NACBA) “We are a debt relief agency. We help people file for relief under the Bankruptcy Code.”
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