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

Bankruptcy: Knowing when to seek relief from debts in Oregon

Many individuals in Oregon and elsewhere may find that dealing with overwhelming amounts of debt can be stressful and challenging. Those who experience similar hardships may wish to know the signs that may indicate their debts have become a problem, and when it may be advisable to seek assistance. Should one suffer through prolonged periods of monetary struggle, he or she may benefit from seeking guidance on every available option for relief, such as bankruptcy.

There are a multitude of scenarios in which one might experience financial troubles, one of the more prevalent being substantial amounts of credit card debt. With the high interest rates associated with similar lines of credit, a constant increase in balance, despite efforts to pay, might indicate a need for concern. Should an individual reach the limit on one or more cards, managing even the minimum monthly obligations could become difficult at best.

Falling behind on similar payments could have a devastating impact on one's credit score. This can lead to rejection when seeking additional lines of credit, which may also be an indicator of financial concerns. While in some cases, one may be able to overcome similar issues in time, in others, the situation may only grow worse with each passing month, and a more long-term solution might be necessary.

Individuals who suffer through prolonged periods of financial hardships may wish to pursue relief, but the process can be complex. Those who experience similar circumstances could find it beneficial to consult a bankruptcy attorney for advice on the available options for relief. An attorney in Oregon can evaluate a client's situation and provide advice on the best course of action with which to pursue a healthier financial future.

Source:, "7 Signs You're in Debt Over Your Head", Bev O'Shea, Accessed on Nov. 1, 2017

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

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.


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