There are a variety of circumstances that can lead individuals in Oregon and across the country to experience financial hardships. Regardless of how a person reaches this point, a significant amount of debt can have a substantial impact on his or her quality of life,...
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A Personalized, Sensitive
Approach To Bankruptcy
Month: August 2017
Alternatives to bankruptcy might not be as good as they seem
For those experiencing periods of financial struggle, there may be numerous available options to assist an individual in pursuing debt relief. However, when researching each in turn, one might want to proceed with caution, as certain avenues may do more harm than...
The number one cause of declaring bankruptcy
What is the number one force pushing people into declaring bankruptcy?It's not mortgage foreclosures, student loans or maxed-out credit cards. It's something that can happen to anyone, at any time -- getting sick. Sickness is like an ax falling in your life. Suddenly...
Can a lender sue me after repossessing my car?
According to Quartz.com, more than six million Americans are currently delinquent on their car loans, which is a new record-high since the 2008 recession. Banks are more willing to take on risk since the economy has recovered, but many more Americans are also at risk...
Exploring bankruptcy when credit cards fuel one’s everyday life
There are numerous circumstances in which individuals in Oregon and across the nation might find themselves facing insurmountable debt. Financial hardships can be exceedingly burdensome, and in some cases, may be challenging to overcome. Those who are constantly...
Seeking out the facts when considering bankruptcy in Oregon
Many individuals in Oregon and elsewhere have dealt with the overwhelming stress of debt at some in point in life. While in some cases, these troublesome circumstances may only be temporary, in others, a more long-term solution might be necessary. However, those who...
Are investment accounts protected during Chapter 7 bankruptcy?
Many individuals in Oregon and across the country have sought out options for debt relief during extended periods of financial struggle. Those who wish to explore Chapter 7 bankruptcy as a viable solution may have concerns about certain aspects of the process, such as...
Secured debt and unsecured debt defined
If you are considering filing bankruptcy, you are probably concerned about what types of debt you may be entitled to eliminate, as well as how much debt you can make disappear. This is a common and legitimate concern. After all, if you are saddled with just as much...
Beware of post filing collection attempts
Anyone who files for bankruptcy protection expects that the bothersome creditor calls and letters will stop. After all, that is the primary benefit of the automatic stay. Most creditors follow the law and cease any further collection efforts. However, there are some...
Tips for rebuilding your credit
The transition into adulthood is both exciting and scary. There are a lot of new responsibilities. You completed school and went out to start your career. You moved into your own residence. You have a car to maintain and groceries to purchase. You are ready to take...
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.