Legal Question in Bankruptcy in Oregon

can i file chapter 7 on a loan that has a lean on my home?


Asked on 1/18/11, 5:06 am

1 Answer from Attorneys

Justin Baxter Baxter & Baxter, LLP

If the "judicial lien" impairs your homested exemption it can be removed, subject to limitations for liens related to divorce decrees, alimony, and domestic support. The date the lien attached would also need to be after, November 6, 1978 or thereabouts.

Lyndon L. Ruhnke

Baxter & Baxter, LLP

8835 SW Canyon Lane, Suite 130

Portland, Oregon 97225

(503) 297-9031 (Telephone)

(503) 291-9172 (Facsimile)

http://www.baxterlaw.com

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Answered on 1/24/11, 8:27 am


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