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Guide to Oregon Bankruptcy Law
Learn all you can about Oregon bankruptcy law
Take the time to research Oregon bankruptcy law before you begin the bankruptcy process. You want to know what the process will be like and to which exemptions you are entitled. Before filing for bankruptcy keep in mind the following:
- View the bankruptcy as an ending to one chapter of your life and the beginning to a new and more prosperous chapter of your life.
- Know how bankruptcy laws in Oregon will affect your life and your business.
- Learn from your bankruptcy filing so you won’t have to file again in the future.
Action Steps
The best contacts and resources to help you get it done
Know what property you can keep under Oregon bankruptcy laws
Knowing and understanding the exemptions you have available to you will make navigating Oregon business bankruptcy laws easier. You want to know what property you can and cannot keep before you file for bankruptcy so you can prepare accordingly.
I recommend:
Personal Bankruptcy Information has a chart with all of the available exemptions in Oregon as well as links to the forms you need to file and a host of other Oregon bankruptcy information. The Bankruptcy Site has a page that covers the available exemptions in Oregon.
Know under which chapter of Oregon bankruptcy law you will have to file
With the passage of the 2005 bankruptcy laws, filing for bankruptcy has changed drastically. Bankruptcy laws in Oregon have been changed accordingly and you should have a thorough understanding of what the process entails so you can make an informed decision on whether filing for bankruptcy protection is right for you.
I recommend:
Lawyers.com has a detailed explanation of the bankruptcy process. OregonBankruptcy.com details the bankruptcy process, including explanation of how the new bankruptcy laws affect new filers.
Find a good Oregon bankruptcy attorney
There are plenty of excellent Oregon bankruptcy lawyers. A good lawyer is absolutely necessary when filing for bankruptcy. They can walk you through Oregon bankruptcy laws and explain the process to you in detail.
I recommend:
Bankuptcy Lawyers Oregon.com has a wealth of information on Oregon bankruptcy attorneys, and offers a search that will allow you to get a free consultation form a bankruptcy attorney in your area. Vanden Bos and Chapman, LLP, are one of many Oregon bankruptcy law firms that will be able to help you with your filing.
Tips & Tactics
Helpful advice for making the most of this Guide- Find out whether bankruptcy law in Oregon allows you to file jointly with you spouse. If so, talk to your lawyer and see if it is in your best interest to file jointly or on your own.
