West Linn Workout Lawyer, Oregon

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Amber N Wolf

Bankruptcy, Employment, Collection, Credit & Debt
Status:  In Good Standing *Status is reviewed annually. For latest information visit here           Licensed:  22 Years

Jeffrey Charles Gardner

Construction, Litigation, Bankruptcy
Status:  In Good Standing *Status is reviewed annually. For latest information visit here           Licensed:  26 Years

Laura K Wirth

Lawsuit & Dispute, Bankruptcy & Debt
Status:  Inactive *Status is reviewed annually. For latest information visit here           Licensed:  13 Years

Kenneth Perrott Childs

Foreclosure, Construction, Litigation, Credit & Debt, Bankruptcy
Status:  In Good Standing *Status is reviewed annually. For latest information visit here           Licensed:  42 Years

Lea A Gifford

Real Estate, Immigration, Divorce & Family Law, Bankruptcy
Status:  In Good Standing *Status is reviewed annually. For latest information visit here           Licensed:  16 Years

Alexander Gordon

Government, Dispute Resolution, Patent, Criminal, Bankruptcy
Status:  In Good Standing *Status is reviewed annually. For latest information visit here           Licensed:  43 Years

Diane L Gruber

Estate, Child Custody, Divorce & Family Law, Bankruptcy & Debt
Status:  In Good Standing *Status is reviewed annually. For latest information visit here           Licensed:  38 Years

Larry J Lunas

Commercial Real Estate, Real Estate, Trusts, Bankruptcy
Status:  Inactive *Status is reviewed annually. For latest information visit here           Licensed:  47 Years

David Schermer

Divorce & Family Law, Bankruptcy & Debt, Accident & Injury, Farms, Child Support
Status:  In Good Standing *Status is reviewed annually. For latest information visit here           Licensed:  46 Years

Edward F Lohman

Landlord-Tenant, Traffic, Lawsuit, Bankruptcy
Status:  In Good Standing *Status is reviewed annually. For latest information visit here           Licensed:  38 Years

Free Help: Use This Form or Call 800-814-6700

Member Representative

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800-943-8690

Free Help: Use This Form or Call 800-943-8690

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LEGAL TERMS

LIEN

The right of a secured creditor to grab a specific item of property if you don't pay a debt. Liens you agree to are called security interests, and include mortg... (more...)
The right of a secured creditor to grab a specific item of property if you don't pay a debt. Liens you agree to are called security interests, and include mortgages, home equity loans, car loans and personal loans for which you pledge property to guarantee repayment. Liens created without your consent are called nonconsensual liens, and include judgment liens (liens filed by a creditor who has sued you and obtained a judgment), tax liens and mechanics liens (liens filed by a contractor who worked on your house but wasn't paid).

CURRENT MONTHLY INCOME

As defined by the new bankruptcy law, a bankruptcy filer's total gross income (whether taxable or not), averaged over the six-month period immediately preceding... (more...)
As defined by the new bankruptcy law, a bankruptcy filer's total gross income (whether taxable or not), averaged over the six-month period immediately preceding the bankruptcy filing. The debtor's current monthly income is used to determine whether the debtor can file for Chapter 7 bankruptcy, among other things.

CREDITOR

A person or entity (such as a bank) to whom a debt is owed.

COLLATERAL

Property that guarantees payment of a secured debt.

SETOFF

A claim made by someone who allegedly owes money, that the amount should be reduced because the other person owes him money. This is often raised in a countercl... (more...)
A claim made by someone who allegedly owes money, that the amount should be reduced because the other person owes him money. This is often raised in a counterclaim filed by a defendant in a lawsuit. Banks may try to exercise a setoff by taking money out of a deposit account to satisfy past due payments on a loan or credit card bill. Such an act is illegal under most circumstances.

UNDUE HARDSHIP

The circumstances in which a debtor may discharge a student loan in bankruptcy. For example, a debtor who has no income and little chance of earning enough in t... (more...)
The circumstances in which a debtor may discharge a student loan in bankruptcy. For example, a debtor who has no income and little chance of earning enough in the future to pay off the loan may be able to show that repayment would be an undue hardship.

NO-FAULT INSURANCE

Car insurance laws that require the insurance companies of each person in an accident to pay for medical bills and lost wages of their insured, up to a certain ... (more...)
Car insurance laws that require the insurance companies of each person in an accident to pay for medical bills and lost wages of their insured, up to a certain amount, regardless of who was at fault. The effect of no-fault insurance laws is to eliminate lawsuits in small accidents. The advantage is the prompt payment of medical bills and expenses. The downsides are that the amounts paid by no-fault policies are often not enough to fully cover a person's losses and that no-fault does not compensate for pain and suffering.

AUTOMATIC STAY

An injunction automatically issued by the bankruptcy court when a debtor files for bankruptcy. The automatic stay prohibits most creditor collection activities,... (more...)
An injunction automatically issued by the bankruptcy court when a debtor files for bankruptcy. The automatic stay prohibits most creditor collection activities, such as filing or continuing lawsuits, making written requests for payment, or notifying credit reporting bureaus of an unpaid debt.

PREFERENCE

A payment made by a debtor to a creditor within a defined period prior to filing for bankruptcy -- within three months for arms-length creditors (regular commer... (more...)
A payment made by a debtor to a creditor within a defined period prior to filing for bankruptcy -- within three months for arms-length creditors (regular commercial creditors) and within one year for insider creditors (friends, family members, and business associates). Because a preference gives the creditor who received the payment an edge over other creditors in the bankruptcy case, the trustee can recover the preference (the amount of the payment) and distribute it among all of the creditors.

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