Representing Individuals in Tualatin, Oregon
Welcome to our mini-site! This site gives useful information about bankruptcy in Oregon. To find out more about consumer law and bankruptcy in Oregon, please visit our main website at www.baxterlaw.com.
This information is presented by the Portland bankruptcy attorneys in the Bankruptcy Practice Group of Baxter & Baxter, LLP, a Portland, Oregon consumer litigation law firm, specializing in credit reporting cases, identity theft cases, and unlawful debt collection practices cases. The Portland bankruptcy lawyers in the Bankruptcy Practice Group of Baxter & Baxter, LLP represent Tualatin and other Oregon consumers in Chapter 7 and Chapter 13 bankruptcies.
Free Initial Consultation – Stop Debt Collector Calls
Stop Home Foreclosures
The Bankruptcy Practice Group of Baxter & Baxter, LLP represents individuals in Chapter 7 and Chapter 13 bankruptcies. We offer a free initial phone consultation. We can stop collection calls from debt collectors. We can advise consumers whether to file for bankruptcy, and what form of bankruptcy to file. Our rates are competitive, and an uncontested no-asset Chapter 7 bankruptcy can be filed for as little as a $1,250 fee. How will Filing for Bankruptcy
Affect my Credit? Bankruptcy is a life changing
event in any person’s life, with long lasting consequence. For
example, a record of the bankruptcy will appear in the Public Records
section of your consumer credit report for the next ten years.
Having said that, however, consumers can and do seek and obtain credit
after going through bankruptcy. What Information will be on
my Credit Reports? In addition to the public record
of the bankruptcy, each of your creditors that were included in the
bankruptcy will update your account to reflect the bankruptcy.
The exact information reported will vary based upon the history of the
account at the time the bankruptcy is filed. In general, most
accounts should be reported as "Included in Bankruptcy." Some
may refer to the specific type of bankruptcy with remarks such as "Chapter
7" or "Wage earner repayment plan." After bankruptcy, the balance,
current payment, and amount past due should all reflect zero dollars.
However, if you were late on your bills before your bankruptcy was filed,
those notations may or may not appear on your credit reports.
The last part of this article discusses how to dispute false information
on your credit reports after bankruptcy. Will I be Able to Get Credit
after Bankruptcy? For the majority of consumers
that file for bankruptcy and either obtain a discharge (Chapter 7) or
complete their repayment plan (Chapter 13), the answer is "Yes."
It is likely that credit will be more costly than prior to bankruptcy,
which may be reflected in higher interest rates, security deposits,
or lower amounts of credit offered. The two most important factors
in being able to obtain credit after bankruptcy are 1) paying all of
your bills on time after bankruptcy; and 2) the length of time that
passes after your bankruptcy. Obviously, you have control over
the former, but not the latter. Consumers can rebuild their credit
after bankruptcy by using low limit or secured credit card accounts,
and conscientiously paying them off each and every month. How to Dispute False Credit
Reports after Bankruptcy As noted above, post-bankruptcy
credit reports should show discharged accounts as "Included in Bankruptcy"
with a zero balance and zero past due. Often these accounts are
reported inaccurately, or have not been updated with the correct information.
Under the Fair Credit Reporting Act, consumers have the right to dispute
false or incomplete information in their credit reports. First, get a copy of your credit
report. Consumers can request their free annual credit report by writing
to Annual Credit Report Request Service, P.O. Box 105281, Atlanta, GA
30348-5281. The request form is available at the annualcreditreport.com
website. Next, send a written dispute
letter to the credit reporting agencies. Tell them that you filed for
bankruptcy, and give them the bankruptcy court case number. List the
specific accounts and account numbers which were discharged. Send your
letter via certified mail, with a return receipt requested. Keep a copy
of your signed, dated letter, along with copies of enclosures. If you cannot get false information
deleted from your credit report, you may want to talk to a consumer
protection attorney about your rights under the Fair Credit Reporting
Act.
Call today for a free consultation and speak to a Portland Oregon bankruptcy attorney today!
Call today for a free consultation and speak to a Vancouver WA bankruptcy attorney today!
Information about Bankruptcy in Tualatin, Oregon
To speak with a Portland, Oregon bankruptcy attorney, call Baxter & Baxter, LLP, at (503) 297-9031.
California bankruptcy - When it comes to filing for bankruptcy in California, the attorneys at Borowitz, Lozano & Clark know what they are doing and know how to do it right the first time.
Bankruptcy Resources in Oregon
Directory of Directories, Business Resource - Directorybrowse.com helps you with every information you need with a lots of categories such as insurance, education, money, electronics, news and media, employment and more.
"We are a debt relief agency. We help people file for relief under the Bankruptcy Code."
© 2009 Baxter & Baxter, LLP
|
