What Assets Can I Keep in Chapter 7 Bankruptcy in Oregon?

Answer Chapter 7 bankruptcy allows debtors to give up non-exempt assets to pay down debt in exchange for the court discharging remaining debts. The federal government sets asset exemption amounts for many... Read More »

Top Q&A For: What Assets Can I Keep in Chapter 7 Bankruptcy ...

What assets are sold during Chapter 7 bankruptcy?

Chapter 7 bankruptcy requires that all assets be sold to generate cash for creditors. However, a quirk of the federal bankruptcy law gives individual states permission to establish "exemptions" all... Read More »

What Happens To Your Credit After Chapter 7 Bankruptcy in Oregon?

Chapter 7 allows permanent forgiveness of eligible debts under federal bankruptcy law, according to the United States Bankruptcy Court District of Oregon and the book "How to File for Chapter 7 Ban... Read More »

How soon after filing a chapter 7 bankruptcy can you file a chapter 13 bankruptcy?

The U.S. Bankruptcy Code allows debtors to file for bankruptcy multiple times, but has changed the number of years you must wait between filings. Previously, a debtor could file under either Chapt... Read More »

Can you file Chapter 7 bankruptcy after filing a Chapter 13 six months ago that was dismissed?

You can file bankruptcy at any time, even if you filed six months ago, according to Bankruptcy Law Network. If the courts discharge your debt, however, you must wait four years between a Chapter 7 ... Read More »