Muir & Troutman Information

We also offer free consultations, and our evening and weekend hours accommodate your busy schedule. Do I have to pay to file bankruptcy? In order to get yourself out of debt, you will have to pay court filing and attorney's fees. These prices change over time, so please call our office for current information. Can I choose to leave out certain valuables from my bankruptcy filing? No. We cannot protect your items if you fail to report them. You must, by law, include all debts, property, and income. Don't worry if you can't immediately recall every single debt and asset; the Troutman Law Firm PC team will help you. Remember, our goal is to make sure you are well protected. I have a business that is failing. Can I file bankruptcy for my business? Yes. Chapter 11 is designed specifically for the reorganization of corporations. It allows a business to continue operating, while discharging some of the debt that kept the business from running profitably. If you are interested in learning more about how Chapter 11 might help your business, call Troutman Law Firm PC at (503) 292-6788. My farm is in financial straits. What can I do? For us, farm bankruptcy is personal. In 1985, Ted Troutman-who was fresh out of law school-tried to save his father's farm by filing for Chapter 12. The experience sparked Mr. Troutman's interest in bankruptcy law, and it instilled in him a sense of compassion for others who face financial hardships. If you are struggling to hold on to your family's farm, contact our office at (503) 292-6788. We are here to help. After I finish filing bankruptcy, how long will it be before my credit history recovers? The bankruptcy will be on your credit report for 10 years from the date of filing. You may be granted credit in the future if you continue to make timely payments on debts such as car loans and secured credit cards. You also improve your chances of reestablishing your credit by saving money and keeping a job. How do I stay on track financially after I file bankruptcy? Our clients are intelligent people who understand what it takes to stay financially fit. Unfortunately, it is nearly impossible to practice financial wellness while living under a cloud of insurmountable debt. After you have filed for bankruptcy, you will have a greater chance of being able to pay your bills on time and follow a sensible budget. Check out budgeting advice from reputable organizations such asSmart About Money and Feed the Pig. *No one should base their decision to file for bankruptcy solely on the information provided on this website. It is best, when considering filing for bankruptcy, to consult a licensed attorney who practices bankruptcy law. We are a debt relief bankruptcy attorney in Portland. We help People file for bankruptcy relief under the bankruptcy code.