In April, Oregon congressman Peter DeFazio introduced an act that would make it less difficult for people to discharge student loans in bankruptcy. These types of loans are presently not dischargeable in most cases although in a few cases, people have successfully...
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Approach To Bankruptcy
Month: July 2018
Requirements to discharge student loans in bankruptcy
Many people in Oregon struggle to repay their student loan debts. Unlike other types of unsecured debts, such as credit card balances or medical bills, student loans are normally not dischargeable in bankruptcy. However, student loans may be dischargeable in some...
Have high interest credit cards? You may be able to lower them
Are you frustrated by overwhelming high interest rates on your credit cards? Does making the minimum payment each month feel useless because the interest charges nearly replace that payment? Did you know there is a chance you can lower your interest rate just by...
Late Credit Card Payments Continue To Rise
With the rise in interest rates has also come an increase in late credit card payments. According to Business Insider, while late payments on other kinds loans (student loans, for instance, and mortgages) remain the same or are in fact decreasing, late payments on...
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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.