Is your paycheck in danger of being garnished due to outstanding debt? Chapter 7 and Chapter 13 bankruptcy can help stop wage garnishment and creditor collection actions. Attorney Ted Troutman has been helping clients achieve peace of mind and move forward in a positive direction for more than 30 years. Learn how our Portland, OR, law firm can stop a wage garnishment.
A discharge of debts can give debtors in the Portland, OR, area a fresh start financially. Attorney Ted Troutman has spent more than 30 years practicing bankruptcy and business law, and can help guide you through the process.
Qualifying for bankruptcy starts with taking a means test, which takes into consideration several factors, including disposable income and various other sources of income or lack thereof.
Debtors planning to file for bankruptcy in Oregon will need to complete a means test. Its purpose is to determine whether you are eligible to file for Chapter 7 or Chapter 13 bankruptcy.
Burdensome debt is overwhelming and the risk of losing your home adds to the stress. Filing for Chapter 7 or Chapter 13 bankruptcy can help save your home if you are behind on mortgage payments or are already in foreclosure.
Those who struggle each month to make student loan payments are in good company. Outstanding debts from student loans in the U.S. currently total about $1.5 trillion and an estimated 40 percent of all student loans will be in default by the year 2023. Regardless of how debilitating these payments may be, however, student loans are difficult to have discharged through bankruptcy.