Oregon Bankruptcy Attorney
Reorganizing Debt into a Plan You Can Live With
Debt can come from many sources. Adjustable rate mortgages have left many facing foreclosure. Unexpected medical issues can create significant financial stress. Losing your job or having your hours reduced can make it impossible to keep up with obligations you met easily in the past.
When debt becomes unbearable, Chapter 13 "reorganization" bankruptcy can provide a solution. At the Oregon Law Offices of Stephen J. Bedor, we will take the time to understand your concerns and guide you to financial relief.
Get Relief From Debt and Keep Your Assets
Call 503-699-0402 · Contact Us Online
Chapter 13 bankruptcy allows you to reorganize your debt into a payment plan that you can afford. If keeping your home and other assets is a priority, Chapter 13 bankruptcy may the best way to alleviate your debt.
Developing the Right Chapter 13 Payment Plan
This form of bankruptcy is only helpful if you can create a budget and payment plan that works for you. Experienced bankruptcy attorney Stephen J. Bedor will objectively assess your financial situation and help you develop a plan that meets your needs and the requirements of the bankruptcy court.
Chapter 13 bankruptcy plans are designed to last between three and five years, and allow you to pay back debts over that period of time. When the plan ends, any debt that is left unpaid will be discharged as long as you remain in compliance throughout the entire plan.
Here for You Throughout the Bankruptcy Process
Every step in the bankruptcy process is important — from the initial filing through the completion of your plan. We will be available to you throughout the existence of your Chapter 13 plan. Failing to remain in compliance can have serious consequences, including:
- Creditors can be released from the plan and resume collection tactics
- Foreclosure proceedings can start again
- Your plan can be dismissed, and you will have to wait before you can file again
We are committed to helping Oregon clients get relief from bankruptcy. We will be here during every step of the Chapter 13 process. Call 503-699-0402 or contact us online to schedule an appointment with an experienced bankruptcy lawyer.
