Baxter & Baxter, LLP | Consumer Protection | Bankruptcy Attorneys | Oregon & Washington

Chapter 7 Bankruptcy . Individuals can file for bankruptcy under Chapter 7 (liquidation) or Chapter 13 (a “consumer reorganization”, or debt adjustment case). In a Chapter 7 bankruptcy, the individual is allowed to keep certain exempt property. Most liens, however (such as real estate mortgages and security interests for car loans), survive. Other assets, if any, are sold (liquidated) by the interim trustee to repay creditors. Many types of unsecured debt are legally discharged by the bankruptcy proceeding, but there are various types of debt that are not discharged in a Chapter 7. Common exceptions to discharge include child support, income taxes less than 3 years old and property taxes, student loans (unless the debtor prevails in a difficult-to-win adversary proceeding brought to determine the dischargeability of the student loan), and fines and restitution imposed by a court for any crimes committed by the debtor. Spousal support is likewise not covered by a bankruptcy filing nor are property settlements through divorce. Despite their potential non-dischargeability, all debts must be listed on bankruptcy schedules. 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. “We are a debt relief agency. We help people file for relief under the Bankruptcy Code.”

Oregon Bankruptcy Washington Bankruptcy Search by Author, Title or content * Home * Submit Articles * Author Guidelines * Publisher Guidelines * Content Feeds * RSS Feeds * Web Gadgets * FAQ * Advertise * Contact Us Justin Baxter Justin Baxter Website: http://www.baxterlaw.com Consumer protection lawyer with the Portland, Oregon law firm of Baxter & Baxter, LLP. Specializing in false credit reporting and unlawful debt collection practices cases. Subscribe to this author RSS feed for these results Results: 1 – 10 1 vote voted Supreme Court Case doesn’t Open the Floodgates to Discharging Student Loans in B… Submitted by Justin Baxter on 2010-04-19 (4 views) Report article spam Report article spam Supreme Court Case doesn’t Open the Floodgates to Discharging Student Loans in Bankruptcy. The United States Supreme Court affirmed a lower court ruling that discharged Francisco J. Espinosa’s student loans in bankruptcy. The ruling was initially haled as a victory for borrowers and debtors. However, a closer look at the … Read more (466 words) 1 vote voted How will Filing for Bankruptcy Affect my Credit? Submitted by Justin Baxter on 2010-04-15 (7 views) Report article spam Report article spam How will Filing for Bankruptcy Affect my Credit? Bankruptcy is a life changing event in any person’s life, with long lasting consequence. For example, a record of the bankruptcy will appear in the Public Records section of your consumer credit report for the next ten years. Having said that, however, … Read more (542 words) 1 vote voted Debunking Myths about why People File for Bankruptcy Submitted by Justin Baxter on 2010-04-15 (8 views) Report article spam Report article spam Debunking Myths about why People File for Bankruptcy A common misperception about bankruptcy is that people who file for bankruptcy were irresponsible with their finances, or recklessly incurred debt they could not repay. While these circumstances certainly are a factor in some bankruptcies, recent studies and analysis demonstrate that the … Read more (519 words) 1 vote voted Remedies for Attempt to Collect Debts Included in Bankruptcy Submitted by Justin Baxter on 2010-04-15 (11 views) Report article spam Report article spam Remedies for Attempt to Collect Debts Included in Bankruptcy One of the most important benefits of filing for bankruptcy is that it will stop collection calls, letters, and other activities by debt collectors. This includes garnishments, lawsuits, and repossessions. When creditors or collectors do not cease collection efforts, consumers may … Read more (552 words) 1 vote voted Significant Changes to the Bankruptcy Code under the Bankruptcy Abuse Prevention… Submitted by Justin Baxter on 2010-04-15 (8 views) Report article spam Report article spam Significant Changes to the Bankruptcy Code under the Bankruptcy Abuse Prevention and Consumer Protection Act of 2005 (BAPCPA): The Presumption of Abuse and Qualification for Chapter 7 Discharge The Bankruptcy Abuse Prevention and Consumer Protection Act of 2005 (BAPCPA) represented the most sweeping change to the Bankruptcy Code since the … Read more (471 words) 1 vote voted Basic Information about Bankruptcy Submitted by Justin Baxter on 2010-04-15 (12 views) Report article spam Report article spam Basic Information about Bankruptcy 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. A recent study published in the American Journal of Medicine concluded that 62.1 percent of … Read more (633 words) 1 vote voted What can Credit Card Companies do if I’m Late on my Payment? Submitted by Justin Baxter on 2010-04-15 (7 views) Report article spam Report article spam What can Credit Card Companies do if I’m Late on my Payment? Falling behind on credit card payments, or “defaulting” has risen to record levels as a result of the economic downturn, job loss, rising cost of health care, and the tanking housing market. This article discusses options for consumers … Read more (525 words) 1 vote voted The Effect of Filing for Bankruptcy on a Home Foreclosure Submitted by Justin Baxter on 2010-04-15 (11 views) Report article spam Report article spam The Effect of Filing for Bankruptcy on a Home Foreclosure In the years leading up the recent financial crisis, the housing bubble spurred a dramatic rise in new home ownership. At the same time, many of the nonconventional mortgage schemes (also known as “subprime” loans) precipitated many of the financial … Read more (671 words) 1 vote voted The Process of Filing for Bankruptcy Submitted by Justin Baxter on 2010-04-15 (11 views) Report article spam Report article spam The Process of Filing for Bankruptcy The procedural aspects of the bankruptcy process are governed by the Federal Rules of Bankruptcy Procedure and local rules of each bankruptcy court. The Bankruptcy Code, Federal Rules of Bankruptcy Procedure, and local rules set forth the formal legal procedures for proceeding through a … Read more (566 words) 1 vote voted Why the Failure of the “Cram Down” Legislation Hurts Everyone Submitted by Justin Baxter on 2010-04-15 (10 views) Report article spam Report article spam Why the Failure of the “Cram Down” Legislation Hurts Everyone Last April, the United States Senate voted against legislation that would let bankruptcy court judges modify home mortgages in bankruptcy. The failure of this legislation is a significant loss to home-owners, neighbors of homes on the verge of foreclosure, and … Read more (479 words) More Results: 1 2 Next SEO Consult AdvertisingAboutFAQContact UsAdvanced SearchPrivacy StatementDisclaimer ExactSeekSiteProNewsBlog-SearchUmbrellaNewsDropJackSEO-NewsMetaWebSearchFreeWebSubmission Jayde Online, Inc. © 2010, All Rights Reserved.