The Law Office of Kim Covington Kim Covington Bankruptcy Lawyer Kim Covington Bankruptcy Lawyer

February 2017 Archives

Americans take on more credit card debt

From the loss of a job to medical problems that were never expected, people experience financial hardships for all sorts of different reasons. Sometimes, people in Eugene and across Oregon decide to take on credit card debt. However, this can be a costly decision and some struggle with paying off credit cards later on.

Adoption agency files for Chapter 7

From unanticipated medical problems to declining sales, businesses may find it necessary to file for bankruptcy for many reasons. In Eugene, and other cities across the state of Oregon, deciding to file for bankruptcy can be an incredibly difficult decision. However, it can help businesses recover from the financial stressors they are facing and restore a sense of normalcy. For those considering filing for bankruptcy, different options may be on the table. Sometimes, Chapter 7 is the most effective course of action.

Can you change or modify your bankruptcy?

We have pointed out numerous times in this blog the factors that are used in determining eligibility for a Chapter 13 bankruptcy. To recap, Chapter 13 is known as the “repayment bankruptcy,” which may allow you to protect certain assets while repaying most or all of your debt in a manageable way. To qualify for Chapter 13, you need to meet certain income requirements. An ability to make regular payments is essential for Eugene residents to qualify for this type of bankruptcy. However, what if your situation changes and you are no longer able to make your payments as outlined in your bankruptcy agreement?

What is a debtor’s examination?

As you are aware from previous blog posts, when you file for bankruptcy, you need to be completely honest about your employment and financial situation. The same honesty is just as crucial if you are called in to a debtor’s examination. This procedure may be a daunting experience for you and other Eugene residents; however, it is not one that you can avoid if you are summoned. Therefore, it may help to understand what happens during this process.

Office Locations

The Law Office of Kim Covington

Eugene Office
1445 Willamette Street, Suite 9
Eugene, OR 97401

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Albany Office
1135 Dale Street SE, Suite #B
Albany, OR 97321

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Roseburg Office
1701 West Harvard, Suite 201
Roseburg, OR 97470

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Phone: 541-393-2790
Toll Free: 800-673-1891
Fax: 541-344-6466