When you’re in your 20s, the reality is that you may not have a secure job yet. You may still be in school, and you might be using your credit card to stay afloat when you don’t earn enough to make ends meet. Despite that, you may be reluctant to look for help even...
Getting out of credit card debt doesn’t need to be complicated
Credit cards can often be hard to resist. Sometimes, the credit on these cards feels like your money, and in times when you do not have money in your bank account, these can be used to purchase things like groceries and clothing. Credit cards generally should only be...
How to keep holiday spending from getting out of control
The holidays are all about memories -- and, let’s face it: Gifts. It’s natural to want to shower your loved ones with presents at this time of year, especially when your kids are small. All too easily, however, the spending can get out of control -- especially if...
Will bankruptcy ruin your financial future?
As you become more familiar with the benefits of bankruptcy, such as the ability to save your home from foreclosure and stop wage garnishment, you may realize that it’s just what you’ve been looking for. But before you move forward, you also realize that bankruptcy...
The relationship between debt and health
Debt and health are more linked than you may imagine. Two-thirds of people interviewed in a 2019 study for the American Public Health Association (APHA) gave medical expenses or time off work due to medical issues as one of the reasons they were filing for bankruptcy....
Will you have to file bankruptcy to eliminate your child’s medical bills?
When your child got sick, you made sure they got the medical care that they needed. You knew that the costs would be high, but you never expected how high. Many of the providers who worked on their care and treatment plans weren’t included in your in-network insurance...
Medical debt can lead to a lien against your home without action
Most medical debt is unsecured debt. That means that you accrue a balance at the hospital without putting a deposit down or using any personal property as collateral against those debts. Some people might ignore initial collection efforts by hospitals because they...
Should you file bankruptcy for your tax debts?
One of the most difficult things about being a self-employed entrepreneur is the debt that often comes with it. It can be hard to pay back tax debts, especially if the job market isn’t good and you can’t make your typical sales. Some business owners struggle and end...
Have you addressed these general consumer bankruptcy questions?
If you’re facing financial difficulties and concerned about the future, you may decide to learn more about consumer bankruptcy. Both Chapter 7 and Chapter 13 can bring a variety of benefits to your life, all of which can help you get back on track. Before you file for...
Are you too young to file for bankruptcy?
It’s easy to believe that you’re too young for bankruptcy. After all, you haven’t even hit your stride in regard to your career. However, as long as you’re 18 or older, you have the legal right to file for bankruptcy. As a member of the younger generation, there are...
Learn More About Your Fresh Financial Start
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.