Unemployment is only one of the many unexpected life changes that can turn your life upside down and leave you struggling with financial challenges. You might feel helpless as you watch unpaid bills pile up while harassing telephone calls and threatening letters come from creditors demanding to be paid. In the law offices of bankruptcy attorney George Hoselton, we offer solutions that can help you to eliminate debt and achieve a fresh financial start. George Hoselton has bankruptcy offices in Portland OR, Beaverton OR, and Bend.
Many hardworking people in Portland and in other communities throughout Oregon have sought the advice and guidance of a bankruptcy lawyer when their efforts to repay high-interest credit card debt and other obligations become an uphill battle. A bankruptcy attorney can show you how you can get your life back in order by achieving the following:
If you have received a notice that wage garnishment will begin soon, you can take action and intervene before it starts. If you are currently experiencing wage garnishment, take action now!
Chapter 7 bankruptcy allows you to have all allowed dischargeable debt removed – it is no longer owed. If you meet the qualifications, the federal government allows you to start over financially.
Chapter 13 stops all collections and foreclosures. If you have valuable assets which you want to keep, Chapter 13 allows you to keep them and pay their value to your creditors over time.
If you find yourself having trouble paying your mortgage, take action immediately, be transparent and consult your lender or your financial situation to avoid home foreclosure.
Emergency bankruptcy filings are available when situations arise that require immediate action. Debtors facing imminent seizure of property by a creditor might not have the time to wait for the filing
Taxes usually DO NOT go away, but we can often STOP penalties and interest. To do this, we will force a payment plan on the Tax Agencies by filing for Chapter 13 bankruptcy.
If your small business is drowning in debt with no sign of relief, consulting a seasoned small business bankruptcy attorney could provide you with comfort and insight into a solution.
After reviewing your financial situation with you, your bankruptcy lawyer has different types of bankruptcy proceedings from which to choose the one that is best for you. The following are the two most commonly filed personal bankruptcies under the federal bankruptcy laws:
Chapter 13 Bankruptcy: If you have a steady income, this form of bankruptcy in which a plan is created to permit you to repay a portion of your debt. The plan is set up with manageable payments and usually includes some of the debt being forgiven. A bankruptcy lawyer will show you how a filing a Chapter 13 will allow you to manage your debt without having to give up ownership of your home or personal property.
Chapter 7 Bankruptcy: Unlike a Chapter 13 bankruptcy in which your bankruptcy attorney is seeking a payment plan to allow you to repay the debt under the protection of a bankruptcy court, the purpose of a Chapter 7 bankruptcy is to discharge your debts. Once a debt is discharged, you are no longer responsible for it. There are limitations on the types of debts that can be discharged, and there is a requirement that you liquidate your assets.
A free consultation with a bankruptcy lawyer from the Law Offices of George Hoselton would give you the opportunity to discuss which type of bankruptcy is best for you.
Speak to our Portland bankruptcy attorney. If you need to speak with a small business bankruptcy attorney in Portland, Call George Hoselton for a free consultation. Just because you file for small business bankruptcy does not mean you will automatically lose your business. In some cases it means you will run your business as usual, while you restructure your finances.
A Beaverton bankruptcy lawyer can show you how filing for bankruptcy can relieve your financial burdens and put you on the path toward achieving debt relief. At the Law Offices of George Hoselton, we offer free consultations at any of our three conveniently located offices. Call us today at 503-766-5810 to schedule an appointment.
George does not want you to lose your home, business, assets or wages due to debt issues. If you have a personal emergency George will give you a same day appointment in person or over the phone. Every person’s situation is unique and George has the knowledge and experience to help you.