Debt is a heavy weight to carry. If your finances have spiralled out of control and you’re desperate to find a way out of the mess, talk to The Law Office of Kim Covington in Roseburg, OR! (541-393-2790)
While it's hard to avoid having debts of some kind these days, it doesn't take much more than a few bad decisions or a few fallow months for credit card arrears to start building up and before you know it, you're in real trouble. That's why working with a skilled debt resolution and bankruptcy attorney is so essential in navigating your way out of debt disaster.
If you live in the Roseburg, OR, area and you're looking for a trusted attorney to guide you through Chapter 13 proceedings and help you find an affordable resolution to debt problems, reach out to The Law Office of Kim Covington! More details at https://www.kimcovington-bankruptcylawyer.com/
They bring a compassionate and sensitive approach to debt problems, working closely with you and your creditors to ensure a workable and satisfactory outcome for all parties.
A Chapter 13 resolution is designed to help those who are earning but have fallen into arrears on credit repayments. Under the code, you're given three to five years to resolve secured debts while eliminating unsecured arrears such as credit card debt, provided they do not exceed $465,275.
Kim and her team can assist you in preparing and submitting the necessary reorganization plan for Chapter 13 filings. This ensures that assets such as property are safeguarded against foreclosure. However, your secured debt must not exceed $1,395,875.
These filings commonly free up enough of your income so you can continue to pay your mortgage and keep your home and car, having eliminated enough of those unsustainable, unsecured debt repayments.
Not when you have an experienced bankruptcy lawyer on your side. The firm supports you through several compulsory phases of a Chapter 13 filing including credit counselling courses approved by the US Department of Justice Trustee Program; attending a 341 meeting in which financial records are submitted and reviewed by trustees and creditors; and a subsequent confirmation hearing in which your proposed debt resolution plan is approved by a judge. Typically, you're given several opportunities to amend plans until they are deemed feasible by the presiding judge and creditors.
Kim says, “Chapter 13 is a flexible and effective debt relief solution for individuals, married couples and small-business owners. When the collection calls and threats of foreclosure or other legal actions to collect on debts become overwhelming, honest, hardworking people in Oregon often rely on this flexible form of bankruptcy to regain control of their finances and money. At The Law Office of Kim Covington in Eugene, I have substantial experience guiding clients to a brighter future.”
The firm can also assist with Chapter 7 filings, creditor harassment issues, tax debt, and wage garnishment arrangements.
For more info, and to schedule a free consultation, call 541-393-2790 or go to https://www.kimcovington-bankruptcylawyer.com/
