The Law Office of Kim Covington (541-393-2790) has announced bankruptcy support services for Springfield, OR businesses facing mounting debt and financial strain.
-- With business bankruptcies rising nationwide amid persistent inflation and high interest rates, the Eugene-based firm is poised to help small and family-owned companies across Springfield, Corvallis, Albany, and Roseburg manage debt, reorganize finances, and protect assets through its enhanced bankruptcy advisory and support services.
More details can be found at https://www.kimcovington-bankruptcylawyer.com/bankruptcy-overview/business-bankruptcy/
Recent data shows business bankruptcy filings in the U.S. have increased 4.5% in the 12 months ending June 2025 compared to the prior year, reflecting ongoing economic headwinds that continue to challenge many small and mid-sized firms.
The Law Office of Kim Covington guides business owners through Chapter 13 bankruptcy, a debt relief strategy that can pause collection actions, halt creditor harassment, and establish structured repayment plans. For small enterprises burdened by unpaid payroll or quarterly taxes, outstanding loans, or equipment debt, the process can offer a realistic path to recovery rather than closure.
Attorney Kim Covington notes that while bankruptcy is rarely a business owner’s first choice, it can serve as a vital safeguard. “Many people assume filing means shutting down for good,” she said. “In reality, Chapter 13 bankruptcy can give small business owners the time and structure they need to reorganize debts and stop collections.”
At her Eugene law office, Covington works closely with each client to determine whether bankruptcy is the right step and, if so, which chapter best fits their circumstances. Through Chapter 13 reorganization, businesses may consolidate obligations, such as unpaid taxes, loans, or equipment debt, into a manageable court-approved plan while continuing daily operations.
The firm’s services come with flexible payment arrangements, with Chapter 7 cases starting at $1,200 plus filing costs, while Chapter 13 cases begin at $750 down, including the filing fee, with subsequent work billed hourly.
As a woman-owned debt relief agency with over 24 years of experience, the Law Office of Kim Covington provides compassionate, clear guidance for both individuals and small businesses seeking financial recovery under the U.S. Bankruptcy Code. Evening and weekend appointments are available by request.
One client shared, “Kim was a pleasure to work with. She was very informative and made an already terrible situation a little less stressful, and for that, I will be forever grateful. I highly recommend her.”
Businesses in Springfield and nearby Oregon communities seeking debt relief or bankruptcy advice can schedule a complimentary one-hour consultation by visiting https://www.kimcovington-bankruptcylawyer.com/
Contact Info:
Name: Kim Covington
Email: Send Email
Organization: Law Office of Kim Covington
Address: 207 East 5th Avenue, Eugene, OR 97401, United States
Website: https://www.kimcovington-bankruptcylawyer.com/
Source: NewsNetwork
Release ID: 89175386
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