Is Celebrity Bankruptcy a Passing Trend or Reflection of Where We All Are?

Khloe Kardashian. Michael Vick. Donald Trump. Teresa Giudice.

These are just a few of the names of celebrities who have either filed for bankruptcy or who are facing financial difficulty. It seems as though Bankruptcy is more a trend for everyone, not just those who are "everyday folks."

Bankruptcy is a helpful tool for anyone -- anyone -- who needs debt relief, not just those of us who have experienced what could be perceived as minor difficulties.

With an entire nation under financial duress, Tom McAvity can tell you that debt relief and filing for bankruptcy is a good option for many people, famous or not.

If you need financial help and debt relief, contact Tom McAvity for help with bankruptcy in Vancouver, Washington, Portland or Salem, Oregon. Just call 503-860-6868.

Payday Loan Debt and Bankruptcy

Most people know that payday loans can be a very slippery slope, yet many may not have any other choices -- it's a matter of pick your poison. For this reason, when people get behind or have put their cars or other assets up as collateral, a bad financial situation can become exponentially worse.

If you've gotten in over your head with payday loans or other high interest rate loans, you may have to file bankruptcy, and that may be the best decision you make for your financial future.

If you have decided that the kind of debt relief that Chapter 7 or Chapter 13 bankruptcy can offer you might be your best bet, you'll need to talk with a knowledgable bankruptcy attorney like Tom McAvity who can help you sort things out.

It may be that bankruptcy is not the best fit for you -- it could be that there are better debt relief options for your circumstances. In any case, getting the advice of a financial professional will be your best bet.

Vancouver, WA Bankruptcy filing done easily

If you are a Vancouver, WA resident and you are trying to file for bankruptcy but don't know how, simply call Tom McAvity at his Vancouver, Washington office. All you have to do is dial 360-828-0110 for a FREE consultation.

In addition, if it is easier for you, set an appointment online for your free bankruptcy consultation today. All you have to do is click here.

If you have been looking for a way toward financial freedom, just know that bankruptcy has been the answer for millions of Americans and others worldwide. NWDRLF offers you the security and peace of mind you need when looking into bankruptcy.

Tom McAvity offers free consultations for Chapter 7 and Chapter 13 bankruptcy in Vancouver, WA, as well as Portland and Salem, OR.

John Beardsley Bankruptcy | Consumer and Corporate Bankruptcy

According to a June article in the Portland Business Journal, Oregon property owner John Beardsley will be reorganizing his debt with bankruptcy, causing him to have to let go of the Oregon Pioneer and three other Oregon commercial properties. In another Beardsley bankruptcy which is specifically and strictly filing for the Beardsley's US building block, Beardsley is expected to retain ownership of the Fountain Village property.

Northwest Debt Relief Law Firm and Tom McAvity share this story as an example of an Oregon bankruptcy filing that shows that no one is exempt from the potential need for debt reorganization. When it's the right choice, it allows individuals to reorganize and get a fresh start.

It's important for consumers to understand that bankruptcy offers relief, and that the stigma attached to filing for bankruptcy is based on invalid and unvetted opinions -- not facts. The truth is that everyone from consumers with modest incomes all the way to massive corporations could have a need to file for bankruptcy. It's an option that American consumers are entitled to, and Tom McAvity offers the best in bankruptcy support in the Portland, Oregon area. NWDRLF also supports those in need of bankruptcy in Vancouver, Washington as well as Salem and Portland, Oregon.

Let Tom McAvity help you today. Call for a free consultation today by dialing 1-866-601-1918.

Downturn in Bankruptcy Filings Likely not to Last

According to the Wall Street Journal, the dip in bankruptcy filings in May are likely not representative of the "bigger picture" trend in bankruptcy filings in the U.S. moving through the rest of 2010. Tom McAvity and NWDRLF are here to help those who are still in need -- and urge you not to forget bankruptcy as a legitimate option in a time of financial crisis.

The Wall Street Journal's Sara Murray notes that even though bankruptcy was down for May, 2010, it was still higher by nine percent than May of 2009. Murray writes, "Consumers are still struggling with high unemployment and tight credit conditions, which can be particularly damaging to small businesses that are often funded by personal lines of credit." Tom McAvity and NWDRLF agree with this assessment and wish to reach out to those who have lost jobs and who are suffering from insurmountable credit card debt.

Personal bankruptcy in Portland, OR is no exception to these statistics. NWDRLF and Tom McAvity can offer you the support and guidance you need if Chapter 13 or Chapter 7 bankruptcy are viable option for you and your family.

Vancouver Bankruptcy: Credit After Bankruptcy is Possible

One of the most common reasons by far that people don't file for bankruptcy is that they live under the misconception that bankruptcy will keep them from ever being able to attain credit again. This is simply not true. As a matter of fact, the sooner you get your finances organized, the more likely you are to be eligible for new lines of credit sooner. That's where filing for bankruptcy with bankruptcy attorney Tom McAvity comes into play for your family's financial health.

Tom McAvity has experience helping hundreds of people just like you. Lenders like to see that consumers are making -- or have made an effort to get back on track. The very word "bankruptcy" is taboo even today, but it ought not be. Those who do qualify for bankruptcy in Vancouver who take it seriously, stay organized, and make their payments on time will be surprised at how quickly they are back on their feet in terms of credit eligibility.

Tom McAvity and NWDRLF can help you begin the Chapter 13 debt reorganization process, or get you started with a Chapter 7 bankruptcy. Which type of bankruptcy is most appropriate for you will depend on your unique financial circumstances.

If bankruptcy is right for you, the fresh start it provides will lift a weight off your shoulders. NWDRLF offers free bankruptcy consultations. Get started today by dialing 1-866-601-1918.

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.

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.