Many people worry about how much of their income they'll need to give up to pay off their debts in a Chapter 13 process. What may happen to your disposable income if you undergo a Chapter 13 bankruptcy in Oregon? Understanding disposable income in Chapter 13 In a...
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Approach To Bankruptcy
Month: July 2024
What are the implications of bankruptcy on my loan co-signers?
Filing for bankruptcy can be a complex and emotional decision. It is even more complicated when someone has co-signed a loan with you. If you have loans with co-signers, it’s important to know how your bankruptcy will impact them. Understanding co-signer...
The number of people filing a bankruptcy rose sharply in 2023
Various social factors influence bankruptcy filings. For example, an overall economic downturn is likely to increase bankruptcy filings. People who lose their jobs may find themselves suddenly struggling to fulfill their basic financial obligations. Higher interest...
Signs it is time to file for bankruptcy in Oregon
Filing for bankruptcy is a significant decision. It can offer relief and a fresh start, but knowing when to take this step is crucial. It may be helpful to consider some signs that it might be time to consider bankruptcy in Oregon. Constantly using credit cards for...
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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.