Chapter 7 Bankruptcy in Vancouver, WA

Though Tom McAvity has posted a thorough YouTube video on this blog previously, it's always a good idea to have a refresher course when it comes to bankruptcy because consumers need to have at least a cursory understanding of what it means to file for chapter 7 bankruptcy in Vancouver, WA.

So what is chapter 7 bankruptcy? What are the implications exactly? Chapter 7 discharges a consumer from his or her debt entirely, allowing him or her to "walk away from" the debts owed to creditors. It is a permanent decision once enforced by the bankruptcy court under federal bankruptcy statutes. Tom McAvity can tell you that by removing all the debts a consumer owes, creditors are no longer allowed to call, e-mail, or otherwise attempt to contact the debtor who has filed for chapter 7.

There is great protection in chapter 7 if the shoe fits for your particular bankruptcy needs. If you'd like to speak to Tom McAvity and get a feel for what filing for bankruptcy in Vancouver can do for you, please call our Vancouver office by dialing 360-828-0110.

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.

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 or simply click here to send an e-mail directly.

Welcome to Tom McAvity's Bankruptcy Blog

We all know that bankruptcies are at all time highs in the nation right now because of the subprime crisis and the subsequent foreclosure crisis that still plagues the nation. Most of us also know there's a lot more going on behind the scenes than that.

What Tom McAvity hopes to achieve with this blog is to impart some inside information about bankruptcy and how yes, it is a good thing for the people who need real relief. Predatory lending practices, subprime and ARM mortgages are just the big issues that pose(d) clear and present danger for American consumers. There's much more to this puzzle than what can be simply stated, and perhaps that's the reason for so many bankruptcy FAQs all over the net, the constant discussion of bankruptcy in the news, and the constant chatter on every street corner; I was laid off, my husband was laid off, we can't keep up with our mortgage, I'm spending my retirement and my child's college fund to keep up with house payments.

Tom McAvity has a sincere desire to help residents of Portland and Salem, Oregon, as well as residents of Vancouver, Washington, face their fear of financial hardship with the antidote of Chapter 13 Bankruptcy.

It's not the end of the world. What really could be the end of the world would be consumers who really need to file for bankruptcy not doing so. Americans have a right to protection in the realm of finances. Given the harsh economic climate and the fact that many homeowners fell into mortgages that seemed great in the early 2000s but have turned out to put them in a horrible financial bind in the late 2000s, bankruptcy should not be the Scarlet Letter. Americans need to know that the truth about bankruptcy is hope for a future.

Thomas McAvity is a seasoned bankruptcy attorney serving Oregon and Washington states. More posts to come as we learn more everyday about what bankruptcy can do for those who need debt relief so badly.