Monthly Archives: December 2013


New Oregon Law Makes Filing Bankruptcy Even Simpler and Safe

By | 2014-12-24T01:29:09-07:00 December 21st, 2013|Adam Weiner Bankruptcy Attorney Portland, Adam Weiner Bankruptcy Lawyer, Assets|

Exemptions are very important. One of the crucial considerations in bankruptcy is whether all of your assets are “exempt,” or protected by the law from your creditors. If all your assets are exempt, then you can keep everything that you own if you file a Chapter 7 “straight bankruptcy.” Whether your assets are exempt also affects how much you would pay to your creditors and how long you would do so if you file a Chapter 13 “adjustment of debts” case. This consideration can also greatly influence which of these two options are better for you.