In a previous personal injury article, we discussed how Personal Injury Protection (PIP) insurance works in Oregon. We reviewed this system of no-fault automobile insurance coverage developed by the Oregon state legislature to get people quick medical benefits to pay for their auto-related injuries. This week we will be discussing another aspect of personal injury protection related to […]
Accidents happen. As nice as it would be to think that the person whose negligent actions caused your injuries would simply offer to compensate you, or that their insurance company would offer a fair settlement, the reality is that almost never happens. More often than not, people fail to take responsibility.
Bankruptcy – Frequently Asked Questions Below are a number of Frequently Asked Questions that we get from many of our clients. The responses are general and may be different depending on your own unique circumstances, especially if you live elsewhere than Oregon. Our consultations are free and we would be glad to discuss your particular […]
What are Reaffirmation Agreements? When you purchase a home or car, in most cases the lender takes what is known as a “security interest” in the home or car when loaning you the money to make the purchase. The purchased item then serves as collateral for the loan. When a lender takes a security interest, […]
Chapter 13 Bankruptcy – also known as reorganization or “wage earners” bankruptcy – requires you to pay your “disposable monthly income” into a Chapter 13 Plan for a period of up to five years. Chapter 13 Bankruptcy works best for people who have a steady, reliable income. In most cases the payments made to creditors […]
Chapter 7 Bankruptcy – also known as liquidation bankruptcy – is the simplest, most common form of consumer bankruptcy. In a typical Chapter 7 case, you (the debtor) can keep most, if not all, of your possessions (including a house and car). Normally you receive a discharge of all qualifying debt within 90-120 days […]
If you have ever taken a close look at your automobile insurance policy or the insurance card you carry around in your glove box, you likely encountered a bunch of acronyms that may mean very little to you. These acronyms are shorthand that insurance companies and attorneys that routinely deal with insurance-related claims use that […]
Bankruptcy is a legal process that allows a person (debtor) to get rid of much, if not all, of his or her debt. Depending on the debtor’s income, the debtor will be able to get rid of (discharge) his or her debt in a matter of a few months or in a few years (up […]