Chapter 7 * cases starting at $1000 in attorney fees plus court filing fees of $338
Chapter 13 * cases starting at $750 down which includes the filing fees and then hourly work will be billed
* Please note that all cases require a full consultation before an individual attorney fee quote can be made

Payment Plans Available. Call For A Free 1-Hour Consultation. 

A+ Premier Attorney Rating | The National RegistryA+ Premier Attorney Rating | The National Registry
Awarded | Top 100 Bankruptcy | Blog
A+ Premier Attorney Rating | The National Registry
Photo of Kim Covington

A Personalized, Sensitive
Approach To Bankruptcy

When should you consider debt consolidation?

On Behalf of | May 18, 2017 | Credit Card Debt

Credit cards are an important part of financial health in Oregon and throughout the country, and if you use yours at all, that debt does not necessarily have anything to do with the state of your budget. If your situation is keeping you up at night, though, you may want to think about ways to reduce the amount of your income that is going toward your monthly payments.

Nerd Wallet explains that debt consolidation works for many people who have multiple credit cards and other unsecured loans with high interest rates, but only for those who are serious about paying off the amount they owe. If you are simply looking for a way to reduce your monthly payments, you may discover that your expenses expand and paid-off cards get put to use again until you are in the same situation. Before you consolidate, you may also want to determine whether you will qualify for a personal loan or low-interest card that can really make that much difference in the amount of your monthly payment.

When you look at the amount of money you owe in unsecured debts versus your total income, you should be able to set up a plan to eliminate all debt in five years or less. Or, your income should be at least twice as high as your unsecured debt. If not, you may be in a position where debt consolidation is not your best path. While these considerations may help you decide which route to take in seeking debt relief, they are provided for informational purposes only, and should not be taken as legal advice.

FindLaw Network

Learn More About Your Fresh Financial Start

The Law Office of Kim Covington, is a woman owned debt relief agency, and I have helped families, individuals and small businesses, file for bankruptcy relief under the U.S. Bankruptcy Code, for over 24 years.