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September 2019 Archives

Credit card debt is growing nationally

Many people in Oregon and across the country are struggling with the growing weight of credit card debt. Nationwide, Americans owe more than $1 trillion on their credit cards. During the second quarter of 2019, American consumers accumulated an additional $35.6 million in debt. Over the year, some estimates expect that they will owe another $70 billion. Oregon ranks 29th in the country as far as credit card debt escalation, but many people in the state are finding it difficult to make ends meet. Many people who owe a significant amount on their credit cards are also struggling with other bills.

Chapter 13 bankruptcy may be right for those with steady income

No one plans to end up in a significantly difficult financial situation. However, a number of unexpected circumstances could contribute to anyone facing money problems. Even if you have a steady income, you may have substantially more debt than you can handle and wonder what your options are.

Study finds link between health insurance gaps, bankruptcy

People in Oregon and across the U.S. are significantly more likely to file for bankruptcy protection if they experience an interruption in their health insurance coverage, according to a new study published in August by the American Bankruptcy Institute. Researchers used Bureau of Labor Statistics data to analyze the employment, health coverage and bankruptcy information of over 12,500 Americans. Of those individuals, 454 declared bankruptcy between the years of 2008 and 2014.

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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

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Phone: 541-393-2790
Fax: 541-344-6466
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