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Troutman Law Firm P.C.
Troutman Law Firm P.C. serves Portland, OR
Troutman Law Firm P.C. serves Portland, OR
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There are two types of #Bankruptcy: liquidation and reorganization. Liquidation means that some or all of your property can be liquidated to settle your debts. Certain property is exempt from liquidation in the state of Oregon, including personal and household items, and some secured debts such as a car loan (provided you are current on payments). Reorganization allows you to keep all your property while your debts are reorganized into more affordable monthly payments over three to five years. #BankruptcyAttorney #LegalServices #OregonAttorney
Troutman Law Firm P.C.
Troutman Law Firm P.C.
muir-troutman.com
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#Bankruptcy can eliminate any legal obligation requiring you to pay all, or most of your debts. In some circumstances, it can stop the foreclosure of property by issuing an "automatic stay," protecting your car or home. Bankruptcy can also ensure your utilities remain on, while you catch up on any missed payments. Filing for bankruptcy can put an end to wage garnishments and prevent creditors from attempting to collect unpaid balances. #BankruptcyAttorney #PortlandAttorney
Troutman Law Firm P.C.
Troutman Law Firm P.C.
muir-troutman.com
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Chapter 7 bankruptcy erases your debts by collecting any nonexempt assets and using those to settle what you owe. Chapter 7 is one of the most common bankruptcy options, but you must meet certain criteria to qualify and file. #Bankruptcy #PortlandBankruptcyAttorney #BankruptcyAttorney #Chapter7Bankruptcy #PortlandAttorney #Attorney
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Ted Troutman is a Chapter 7 bankruptcy attorney in Portland, OR, who can assist in the discharge of your debts, helping you make a fresh financial start. Chapter 7 bankruptcy erases your debts by collecting any nonexempt assets and using those to settle what you owe. Contact our office today to schedule a free consultation, and we can help you determine if Chapter 7 is right for you. #BankruptcyAttorney
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If you have not already done so, you must undergo mandatory credit counseling before filing for bankruptcy. Once your counseling and means test are complete, a #BankruptcyAttorney will help you create a proposed repayment plan to submit with the other paperwork.
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Chapter 13: A popular reorganization option for consumers and businesses with reliable income to pay back debts. You must propose a repayment plan. #BankruptcyAttorney
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There are two types of bankruptcy: liquidation and reorganization. Liquidation means that some or all of your property can be liquidated to settle your debts. Certain property is exempt from liquidation in the state of Oregon, including personal and household items, and some secured debts such as a car loan (provided you are current on payments). #BankruptcyAttorney
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Although much of our work in advising business clients has to do with anticipating and avoiding litigation risk through risk analysis and careful contract drafting, it is impossible to completely eliminate the possibility that disputes might still occur. #LegalServices
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Establishing the foundation of a business enterprise including deciding what business structure will meet your immediate and long-term needs are crucial and can be complicated. #BusinessLawyer
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