- 1). Determine which bankruptcy chapter you want to file under and make sure you are eligible for that chapter. Generally, individuals with assets such as a home file for Chapter 13 bankruptcy, which is a reorganization of debt through a repayment plan. Individuals also may file for Chapter 7 bankruptcy, which is a total liquidation of assets, with some exceptions.
- 2). Research Oregon's state-specific bankruptcy exemptions if you are filing for Chapter 13 bankruptcy. For example, Oregon allows exemptions for real and personal property as well as a portion of your wages.
- 3). Visit the Oregon District Bankruptcy Court website and download Local Bankruptcy Form #100 and the Voluntary Petition for Bankruptcy. Form #100 provides a helpful checklist with detailed instructions for assembling the Voluntary Petition, which is comprised of several Official Bankruptcy Forms and Local Bankruptcy Forms (see Resources). If you do not have regular Internet access, you can pick up copies of these documents at the courthouse.
- 4). File the petition with the court clerk at the courthouse and pay the filing fee. As of December 2010, the fee for a Chapter 7 bankruptcy is $299 and the fee for a Chapter 13 bankruptcy is $274.
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