All items from Oregon Bankruptcy Lawyer

We recently launched a website for our Oregon and Washington Student Loan Law Practice. We are thrilled to be helping student loan borrowers in our community lessen their student loan burdens. As one of very few graduates in the Pacific Northwest of Joshua Cohen’s Student Loan Seminar and as a long time member of the National Association of Consumer Advocates, I am eager, willing and able to help consumers across both Oregon and Washington obtain better student loan terms. Our Student Loan Law site can be found at Oregon and Washington Student Loan Attorneys 
The original post is titled New Oregon and Washington Student Loan Law Site , and it came from Portland Bankruptcy Attorney | Northwest Debt Relief .



Posted 1 week 4 days ago

Here’s what you need to know
Who must attend?
The Trustee, you, and one of our attorneys. The Trustee is the person who runs the hearing and asks you questions.
Who gets invited?
All the creditors listed in your bankruptcy schedules get a notice in the mail. Many times none of the creditors show up. Some may show up to get basic information from you. Ultimately, while creditors may ask questions at the hearing, they rarely show up and the ones that do show up usually keep quiet.
Where is the meeting held:
This depends on where your case was filed. You should receive a piece of paper stating the exact location. They are rarely held in a courtroom. Many districts have specific 341 hearing rooms.
What should you brings:
Photo Id, Social Security Card, your car insurance information (occasionally a creditor may want proof you have it), and a copy of your last filed tax returns (these may have already been provided to your Trustee). You may want to bring copies of any documents requested by our office for the trustee.



Posted 4 weeks 1 day ago

Whether Your Bankruptcy was filed in Portland or Eugene, there is no need to be nervous about your 341 hearing. In our next blog article, we will discuss exactly what you need to bring to the hearing and the kind of questions that you are likely to encounter.
The video below at the following link will give you a good feel for the format of the meeting of the creditors in your bankruptcy and the kind of questions that your bankruptcy trustee might ask: http://www.uscourts.gov/Multimedia/Videos.aspx?video_url=http://www.uscourts.gov/video/source/BankruptcyBasics/bankruptcy-eng_5-creditors_low.f4v&video_image=/uscourts/video/BankruptcyBasics/images/preview5.jpg&video_id=bb5 Remember to bring your photo identification and proof of your social security number.
The original post is titled , and it came from Portland Bankruptcy Attorney | Northwest Debt Relief .



Posted 5 weeks 4 days ago

Our law firm will soon be expanding the scope of our practice  to include representing Oregon  and Washington debtors with respect to their student loan issues. Since most consumers in the pacific northwest have never even heard of student loan law, I thought I would take this opportunity to describe many of the services that we will be offering to Oregon and Washington consumers.
For Recent Graduates as well as Borrowers in Good Standing

  • We will provide a detailed analysis of your student loan portfolio in order to determine your best options with respect to consolidation, income-sensitive repayment, loan forgiveness or cancellation
  • We will help Oregon and Washington consumers complete the forms and applications for repayment plan selections and consolidations
  • We will help resolve bureaucratic problems related to federal loans.

For Borrowers Falling Behind on Payments

  • We will provide a detailed analysis of your student loan portfolio in order to help you pick the best options for reducing your monthly payments under federal law
  • We will help you find the best repayment management and loan prioritization options
  • We will help you complete the required paperwork for deferment, consolidation and forbearance arrangements.
  • We will directly represent you in communications with both lenders or servicers

For Borrowers in Default or Collections



Posted 9 weeks 20 hours ago

Using credit after bankruptcy is the best way to rebuild credit after bankruptcy. If you do want to join the financial mainstream, opening up lines of credit after bankruptcy discharge and paying them off every month in full is probably the best way to have a great credit score in as little as eighteen months after filing.
Phillip Tirone, the expert who advises most of our clients regarding credit matters after filing, advises them to not be concerned so much about the fact that they have filed bankruptcy. There is no legal way to have it removed from your credit score (just as there is no legal way for your debts to legally return). The good news is that it ultimately doesn’t matter because the credit scoring bureaus are far more concerned with your recent behavior that your past behavior.
The idea then, is to persuade the bureaus to pay more attention to your recent laudable credit behavior than to your pre-bankruptcy behavior. To that end, Tirone advises out clients to open three new credit cards after discharge and one installment loan.
With respect to the credit cards, keep them active by using them only every other month, make only small charges, maybe ten percent of your limit, and pay them off in full every month.



Posted 9 weeks 2 days ago

Setting aside the issue of actually discharging student loan debts in bankruptcy, many Oregon and Washington prospective bankruptcy filers wonder what exactly is going to happen to their student loans after the bankruptcy has been filed. The answer really depends on what kind of bankruptcy has been filed and the form of the student loan.
If you have Federal student loans, nothing really happens during the bankruptcy. Pursuant to the Higher Education Act, FSLs are placed into a sort of bankruptcy forbearance.  This is to say that all collection activity must end. You won’t get any monthly statements, calls or any other reminder that your payment is due. The benefit of not having to make a student loan payment for either a three month period during a Chapter 7 Bankruptcy or as much as five years during a Chapter 13 Bankruptcy is huge. It is going to outweigh the negatives for just about everyone, especially Oregon and Washington consumers who are barely getting by, often facing harassment, judgments and garnishment as they struggle with student loan burdens.



Posted 9 weeks 3 days ago

Oregon bankruptcy filers inevitably ask whether they ever be able to rebuild their credit scores after their bankruptcy cases are completed. The answer is a resounding yes and it doesn’t need to take seven years. Concerns about credit after bankruptcy can be a real stumbling block  for Oregonians who really need to file. They want to finance a house, rent a better apartment or  purchase a vehicle,  but they think that bankruptcy will only push those dreams even further away than they are now.
The reality is that most people improve credit after bankruptcy. But you have to know how to make that your reality. What you really need to do is stack the deck.
Northwest Debt Relief has partnered with a company called 720 Credit Score to show you, in a step-by-step format, exactly how to do that. This company does not deal in platitudes or useless generalities. What they offer is  a solid credit education. A way to understand the mysterious math that makes up your credit score. It doesn’t have to be a secret code! Most debtors who follow the 720 program typically see credit scores of 720 or better within 12 to 24 months of filing a bankruptcy. This might be the best credit score that many Oregonians have had in a long time, if ever, and its AFTER filing a bankruptcy!



Posted 10 weeks 19 hours ago

I am pleased to report that after our bankruptcy law firm’s successful expansion to Seattle,we are now opening a bankruptcy law office in Tacoma to serve the needs of consumers in Pierce County. We have launched a Tacoma bankruptcy website which can be found at  http://www.tacoma-bankruptcyattorney.net/
 
Tacoma Bankruptcy Law OfficeTacoma Bankruptcy Law Office
The original post is titled Tacoma Bankruptcy Law Office , and it came from Portland Bankruptcy Attorney | Northwest Debt Relief .



Posted 10 weeks 4 days ago

In the last ten years, new technologies have revolutionized the debt collection industry, broadening the cope of operations from local and regional to national, and sometimes even to international. Technological innovation has facilitated the creation of very large, full-service debt collection operations, while simultaneously enabling smaller, niche-focused collection to become profitable.
Automated dialing and interactive voice recording also have made debt collectors’ calling campaigns substantially more efficient. The biggest change is now pervasive use of predictive dialers, which are now used by the vast majority of collections agencies.
Predictive dialers are automated computer systems that determine the number of calls to make based on the time of day, the number of collectors logged on to the system, and the average length of time collectors speak with consumers. At core, these dialers allow debt collectors to be vastly more efficient, because they eliminate the time spent dialing and waiting for a consumer to answer.
Call recording technologies also have emerged, making it possible for collectors to preserve every collection call. Debt collection supervisors may review the calls of their collectors.



Posted 11 weeks 6 days ago

For many of our Oregon and Washington clients, the debt collection process is a bit of a mystery. What does a charge off mean? How are these collection companies getting paid? Is that a law firm or a company that is after me now? The information below might help you figure that out. More that anything I want to give you a feel for where you are in the debt collection process. Keep in mind that if you fall anywhere in the debt collection process continuum, it is probably time to seriously consider bankruptcy and get out of the debt collection process all together.
The debt collection process starts when a company issuing credit to a Washington or Oregon consumer determines that the account is delinquent and that the consumer must be contacted about the debt. In an effort to obtain payment, many creditors have their own in-house collectors contact you via telephone calls, collection letters (often referred to as “dunning letters” or “dunning notices”) or email.
If in-house collectors are not successful in collecting from you during a limited period (usually between six months and a year), the creditor will charge off your account and place it with a third-party collector – either a contingency collection agency or a law firm specializing in collections.



Posted 12 weeks 8 hours ago