The Law Office of Kim Covington

Call For A Free 1-Hour Consultation
541-393-2790 | 800-673-1891

Please Ask For Kim Directly When Scheduling An Appointment

Laws protecting consumers vary by state

Consumers struggling through the continued challenging economy know the fear of losing valuable possessions as well as the stress of being unable to pay their bills. Depending upon the situation, a creditor can garnish your wages or take your car, home or other belongings. The need to stop repossession, garnishment and more is shared among many Oregon residents.

A recent news article outlines some details from a report released by the National Consumer Law Center that indicates a startling variation in different states’ ability to protect consumers’ belongings in the face of debt collectors. Known as exemption laws, each state as well as the District of Columbia does offer some protection against these actions but they are severely outdated in most cases. Many states, for example, allow people to keep two cows and an ox yet have no provisions for an automobile in basic working condition.

The difference in laws between states is dramatic. For example, the District of Columbia protects homes from being taken by creditors while the state of Washington allows creditors to have access to up to 25 percent of a person’s wages. The article did not specify the laws in Oregon but no state was given a grade higher than a B- for its ability to protect consumers struggling to make ends meet.

Bankruptcy can often be a good option for consumers in hard monetary situations. If you are facing financial challenges, you may wish to consult with an experience attorney to see what your rights in Oregon are and if bankruptcy is the best option for you.

Source: The Middletown Press News, “In some states, debt collectors can legally take your home, car and cash,” Danielle Douglas, October 10, 2013

No Comments

Leave a comment
Comment Information
email us for a response

Learn More About Your Fresh Financial Start

Bold labels are required.

Contact Information
disclaimer.

The use of the Internet or this form for communication with the firm or any individual member of the firm does not establish an attorney-client relationship. Confidential or time-sensitive information should not be sent through this form.

close

Privacy Policy

The Law Office of Kim Covington is a debt relief agency, and I have helped families, individuals and small businesses, file for bankruptcy relief under the U.S. Bankruptcy Code, for over 19 years.

The Law Office of Kim Covington

The Law Office of Kim Covington
1445 Willamette Street, Suite 9
Eugene, OR 97401

Toll Free: 800-673-1891
Phone: 541-393-2790
Fax: 541-344-6466
Eugene Law Office Map

P: 541-393-2790

T: 800-673-1891

F: 541-344-6466