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February 2013 Archives

Boomers face more credit card debt than recent grads

Two weeks ago, we posted about the trouble recent graduates in Oregon and elsewhere can find themselves in if they are not careful with their credit cards. Getting into substantial debt when you're young can mean years of trying to work your way out of it, but what happens if you're close to retirement and still have thousands in credit card debt?

Eugene-based Excalibur Cutlery owner files Chapter 7

Business owners in Lane County and the rest of Oregon know how challenging it can be to keep a business afloat and profitable during a struggling economy. While some are able to scrape by, some find that there is little they can do to keep from falling deep into debt. When this happens, it's important for business owners to know that there are options for getting out.

How credit card debt could affect new graduates later in life

Credit cards make many things possible for Oregon residents. While they can certainly be helpful at times, it is important to make sure that they are not being used to the point where they are no longer making things better but worse. A study that took place recently showed evidence that the generation graduating college right now may be working with much higher credit card bills than they can manage.

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The Law Office of Kim Covington

Eugene Office
1445 Willamette Street, Suite 9
Eugene, OR 97401

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Albany Office
1135 Dale Street SE, Suite #B
Albany, OR 97321

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Roseburg Office
1701 West Harvard, Suite 201
Roseburg, OR 97470

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Phone: 541-393-2790
Toll Free: 800-673-1891
Fax: 541-344-6466