Chapter 13 bankruptcy allows individuals to restructure their debts and create a repayment plan. Unlike Chapter 7, which involves liquidating assets, Chapter 13 focuses on helping people keep their property while making affordable payments. However, to qualify for...
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Approach To Bankruptcy
Month: September 2024
Will bankruptcy affect your ability to care for your children?
Filing for bankruptcy can be a stressful experience, especially for parents concerned about how it may impact their ability to care for their children. Chapter 7 bankruptcy is one of the most common types of bankruptcy, and while it can provide relief from debt, many...
What happens to stocks in Chapter 7 in Oregon?
Chapter 7 bankruptcy impacts assets in various ways. Understanding the treatment of stocks during Chapter 7 helps you make informed decisions about your financial future. Stocks as assets in Chapter 7 When someone files for Chapter 7, stocks count as part of the...
Seeking financial relief from medical debt via bankruptcy
Unexpected, out-of-pocket medical expenses can become a significant financial burden that can back many Americans into a corner. The more such expenses pile up, the more likely it is that affected individuals will be overwhelmed by insurmountable medical debt. Medical...
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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.