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Thomas McAvity's Common Bankruptcy Myths
The Northwest Debt Relief Law Firm (NWDRLF) and Thomas McAvity know that there are many people who wish they could file for bankruptcy but they either fear to take the plunge or they are so paralyzed with fear of being judged that they simply don't do it until they have no other option.
 
The truth of the matter is that bankruptcy may not look like the most attractive option at first, but in many cases, it is. Bankruptcy can offer a fresh financial start, and contrary to myths about bankruptcy, Tom McAvity can tell you, restoring credit after a Chapter 13 debt reorganization will not take the eons that the urban legends would have you believe.
 
Another myth that ought to be dispelled right away: many people who are ready to file for bankruptcy fail to do so because they think it will be common knowledge -- that they will be rallied around the town square with eyes all over them. Not so. Bankruptcy, whether it is a Chapter 7 or Chapter 13 will not be a public matter. These types of bankruptcies are between you and your bankruptcy attorney, your creditors, and the bankruptcy court.
 
Tom McAvity encourages you to look into your options as opposed to believing all the hype that surrounds bankruptcy these days. After all, there would hardly be so much to talk about if it wasn't so profoundly popular a choice for so many.
 
Tom McAvity's Chapter 7 versus Chapter 13: which works for you?
Have you ever been told -- whether to your face or through experience -- that bankruptcy is a bad thing? Perhaps you've been told or made to understand that filing for personal bankruptcy is bad for your reputation. Tom McAvity is here to tell you otherwise.
Personal bankruptcy, whether it is a Chapter 7 asset liquidation, or a Chapter 13 reorganization of debt, can both be good if they are geared toward the proper candidate.
When faced with financial hardship that is costing you more than it should financially, emotionally, and mentally, the time comes to consider one of these two types of bankruptcy.
Tom McAvity and his team at NWDRLF can help you to decide which of these two options in personal bankruptcy makes the most sense for you. Some of the deciding factors may be:
 
   * Are you a sole proprietor of a small business?
   * Are you a homeowner behind on mortgage payments?
   * Do you own commercial and/or other real property?
   * Are your bills mainly due to credit card debt?
   * Are you behind on bills but think you could catch up if you could just catch a break?
   * Have you been laid off or had a layoff in the family?
 
 
Tom McAvity will look at the answers to these questions and tailor either a Chapter 13 or Chapter 7 bankruptcy plan that will serve you and your financial future best.
 
You can always direct any questions you have to Tom McAvity by contacting NWDRLF at 1-866-601-1918. Please, let us know how we can help you today!
 
Want to Know Who You Owe?
It's actually quite easy to find out who you owe money to -- and it could be creditors or collecetions agencies that you've forgotten about, never heard of, or who should have been removed from your credit report because you resolved the debt.
 
Tom McAvity recommends pulling a yearly credit report from all three credit bureaus. You are entitled to these credit reports free of charge under the Under the Fair and Accurate Credit Transactions Act.
 
If you are ready to file for bankruptcy in Salem, Oregon or Vancouver, Washington, Tom McAvity and the legal team at the Northwest Debt Relief Law Firm (NWDRLF) are happy to assist you with everything you'll need to get started. They offer a free initial consultation and legal support that is second to none. You'll need help understanding how to do your pre-bankruptcy "homework" so that filing bankruptcy in Portland or Salem, Oregon can be done efficiently and accurately.
 
NWDRLF and Tom McAvity offer 24 hour support in the form of an Internet portal where you can log in and check on your personal bankruptcy status any time, day or night.
 
So get started. Get your free credit report from www.AnnualCreditReport.com and get a feel for the ins and outs of your credit score and credit history. Once you've done this you'll have a much clearer idea of what you're up against, who you owe, and who you may have to file disputes with. It's fast, easy, and worth doing at least once every twelve months. Checking your credit report and score is like having a physical exam -- if you don't go to the doctor there's no way to know for sure exactly how healthy you are. Check your credit, and file for bankruptcy if you need to -- get more information on exactly how to do this by contacting NWDRLF at 1-866-601-1918.
 
 
Ask Tom McAvity: Okay, Filing Bankruptcy is for Me… Now What?
 
Once you realize bankruptcy is the right choice, chances are you'll want to get started right away – but Tom McAvity will tell you that while bankruptcy in Salem may be for you, it doesn't happen overnight. As soon as you’ve decided on bankruptcy, stop charging up any credit cards under your name – quitting charging altogether is recommended. The bankruptcy court will review your credit history for the past 90 days, and this will include a review of your credit card history. This is done to establish whether or not you're trying to start making better financial choices as a preliminary step to filing bankruptcy in Vancouver.
 
Add up the total income brought into the house each month. Review the difference in what you make versus what you owe in general and on a monthly basis. If you are running out of money at the end of each month, bring evidence of this to bankruptcy lawyer Tom McAvity. Your bankruptcy attorney needs to know how things are going for each and every 30-day period to plan your bankruptcy filing in Vancouver or Portland.
 
If you’re ready to begin the pre-bankruptcy process, call Tom McAvity by dialing 1-866-601-1918 for a free bankruptcy consultation. Our experienced Portland and Vancouver bankruptcy lawyers can help you get started with your bankruptcy.
 
Can I File Bankruptcy if I Already Have Before?
 
You can still file for bankruptcy in Vancouver  or Portland after having filed previously, so long as you meet the requirements for another bankruptcy (either Chapter 7 or Chapter 13 personal bankruptcy. With Chapter 13 you may refile bankruptcy again after two years, but the new bankruptcy must also be a Chapter 13.
 
In addition to the above caveats, you must:
 
   * have lived in Oregon or Washington for at least 90 days to file Chapter 13
   * petition for Chapter 13 bankruptcy with the appropriate bankruptcy court
   * await the bankruptcy court's acceptance of your petition -- they will send you a notice listing all of the creditors you owe
   * await the court's appointment of a trustee to your bankruptcy case -- if you haven't heard anything and you feel you should have, get in touch with Thomas McAvity, your Vancouver bankruptcy attorney right away
 
Anything beyond this will depend on your unique bankruptcy case -- as they say about snowflakes, each of us is different, and so are our bankruptcy filings.
 
Above all, what you need to understand more than any of the confusing details is that there is help for you, you are entitled to it, and you can reach out to bankruptcy lawyer Thomas McAvity for help. A healthy financial life is in your future, but you have to choose it for yourself before anyone can help – but once you choose, help will be on the way.
 
Please call Thomas McAvity and the NWDRLF team by dialing 1-866-601-1918
 
Tom McAvity tells us how Chapter 13 Helps with Foreclosure
 
Vancouver bankruptcy attorney Tom McAvity can help you stop the foreclosure process on your Salem, Portland, or Vancouver home. This allows you and your family to deal with the other debts that could be contributing to potential financial fallout.
 
The protections offered by the U.S. Bankruptcy Court are not in any way influenced or dependent upon any agreements with any financial institution holding a mortgage. When you meet the requirements laid out in bankruptcy law, you will be eligible for help without a doubt. Well-seasoned bankruptcy attorney Tom McAvity and the law team at NWDRLF can tell you if you qualify for bankruptcy and what is necessary to begin the process. If your bankruptcy lawyer notices that other options apply, he will tell you during the pre-bankruptcy process. can often let you know during your initial free consultation with
 
If filing bankruptcy in Washington is the best option for you, you won’t learn about it until you speak to a qualified bankruptcy lawyer, such as Tom McAvity. Chapter 13 bankruptcy in Vancouver can stop the foreclosure process and allows you as many as five years to get current with all of payments you've missed. Chapter 13 can also dramatically reduce – or even eliminate – personal loans and credit card debt so that you have enough freed-up income to make your house payments on your new plan. Consider Chapter 13 before you consider other more costly and less effective approaches.Call NWDRLF today by dialing 1-866-601-1918.
 
 
 
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Bankruptcy Blog

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