Eugene Bankruptcy Attorney and Lawyer

If you are looking for an affordable yet experienced Eugene Bankruptcy Attorney or Lawyer in Eugene, Oregon, then you have come to the right place.

We have over 10 years of experience preparing bankruptcy for clients large and small. We can help you get a fresh new start by making sure your bankruptcy is prepared by an attorney properly so it will be approved and discharged smoothly so you can get back on your feet quickly.

We have helped both corporate and personal clients for Chapter 7, Chapter 13, as well as Chapter 11 and Chapter 12 bankruptcies.

What are the Difference Between a Chapter 7 and a Chapter 13Bankrupcy in Eugene?

A Chapter 7 bankruptcy is also known as a “debt discharge” bankruptcy in which most (if not all) of your consumer and unsecured debts are discharged (meaning forgiven).

However, certain debts like student loans, home equity lines of credit, auto loans, and mortgages are not dischargeable under bankruptcy.

If you have mostly consumer debts including hospital bills, then Chapter 7 bankruptcy might be the best option for you.

Of course, the best way to find out which option is best for your situation, you should consult an attorney.

Please call us for a free consultation.

A Chapter 13 bankruptcy is also known as a “reorganization bankruptcy”. In this case, you will propose a repayment plan with your creditors and make arrangements to pay your creditors back with a payment plan that spans between 3 to 5 years.

Under a Chapter 13 bankruptcy, a certain percent of your consumer debt can be written off. Typically, this is between 50% to 75% depending on your situation.

A Chapter 13 bankruptcy is typically applicable for those who have assets such as a personal home and/or investment properties. A Chapter 13 bankruptcy is particularly effective means of stopping foreclosure while you work with your lender for alternatives. It allows you to stay in your home while the bankruptcy is being resolved.

Of course, these are very simplified explanations of the various scenarios. Every one’s situation is different, and no website can be used as a substitute for good competent advice.

This is why we invite you to call our office for a free consultation today.

Hurry. Time is not on your side. The faster we can help you process your bankruptcy, the faster you can move forward and turn over a new leaf.