There are a lot of myths about bankruptcy, with the most prevalent likely being the fact that people who declare bankruptcy have made financial mistakes and put themselves in this position. It is often assumed that they racked up too much debt on their credit cards...
A Personalized, Sensitive
Approach To Bankruptcy
Month: May 2022
There is no shame in turning to bankruptcy for help
There is no shame in bankruptcy. If you are dealing with frustrating debt that you don't seem to be able to overcome, bankruptcy could be very helpful for you. Many people don't turn to bankruptcy because they believe it is morally wrong. They mistakenly believe that...
Preparing for bankruptcy: What you need to do
The few weeks or days before filing for bankruptcy are very important. Certain actions within that time can derail the entire bankruptcy process. Therefore, you need to prepare yourself beforehand, both mentally and financially. Here is what you need to do if you are...
Bankruptcy Attorney Q & A- How Soon After Bankruptcy Can I Get an FHA Loan and Buy a House?
Clients frequently ask about future credit after bankruptcy and especially about if they will ever be able to buy a home. The answer to this question is not always as simple as it should be because it varies by the type of mortgage. This blog addresses special...
The Bankruptcy Meeting of Creditor Questions
Here is the list of required questions and suggested general questions based on a list that has been prepared by the US Trustee's Office. SECTION 341(a) MEETING OF CREDITORS REQUIRED STATEMENTS/QUESTIONS The following statements and questions are required. The trustee...
What happens at the Meeting of Creditors Hearing?
Attending a Meeting of Creditors can be stressful for many clients. Your attorney will attend with you. The Oregon Bankruptcy Court has produced a video of a mock Chapter 7 meeting that can be viewed by pasting this link into your web browser:...
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.