Filing for bankruptcy in Oregon is actually a somewhat simple process, but it does take some work. First, you need to hire a lawyer to advise you on which form of bankruptcy is best for you. Depending on your assets and debts, you may file for either Chapter 7 (which clears all debts) or Chapter 13 (which reorganizes your debts but does not eliminate them). In Oregon, no matter which form of bankruptcy you apply for, certain items will be exempt, or protected from being repossessed. These include clothing, books, pictures, and your home (if it's worth less than $30,000).