Starting the Bankruptcy Process

Washington and Oregon Bankruptcy Lawyer

The number one thing that you can do when considering filing for bankruptcy is to contact an experienced attorney at Debt Advisors, P.C., Located in Portland, Oregon, our firm will assist you in determining whether you should file for Chapter 7 or Chapter 13 bankruptcy. Our firm will work with you to consider various strategies for debt relief and wealth management. Contact us for a free initial consultation about how to file for bankruptcy.

Your Debt Relief Begins With Us

We will work with you to determine the best strategy to get out from under crushing amounts of debt. We will review your credit report, debt and income to determine whether Chapter 7 or Chapter 13 bankruptcy is most appropriate for you. Our firm will come up with appropriate payment arrangement at your initial consultation.

Are you tired of getting harassing creditor phone calls? Once you hire us to represent you in bankruptcy, you can rest assured that we will stop creditors from contacting you. As soon you hire us, you can refer all creditor phone calls directly to us. We will deal with your creditors so you do not have to.

Chapter 7 Timetable

Chapter 7 bankruptcy is your opportunity to discharge most of your debts. When starting the process, we will file a petition for relief with a bankruptcy court to obtain for you an automatic stay, preventing creditors from continuing their relentless pursuit of unpaid debts. The bankruptcy court will appoint a trustee, send letters to all your creditors, and set a date for an initial hearing. You will have to attend a meeting of creditors where you will testify to the accuracy of the statements made in your petition. The trustee will file a no-asset report with the court. The court will issue a bankruptcy discharge prohibiting creditors from collecting on your debt.

Chapter 13 Timetable

After you file a petition for relief with the bankruptcy court, you must make your first payment within 30 days. After you attend the meeting of creditors, the court will approve your Chapter 13 payment plan, which is an agreement between you and your creditors. The court will then discharge your debts.

To learn more about starting the bankruptcy process and obtaining a fair debt settlement, you should contact Debt Advisors, P.C., for a free initial consultation.