One of Eugene’s leading bankruptcy attorneys is extending her services to Albany small business owners looking for bankruptcy advice.
-- The Law Office of Kim Covington has announced that it is now accepting clients from nearby Albany in an effort to improve access to bankruptcy advice across Oregon. The move is expected to benefit small businesses in the city that are experiencing financial difficulties due to various economic factors.
More information is available at https://www.kimcovington-bankruptcylawyer.com/
Research from accounting firm SSB shows that more businesses are filing for bankruptcy in 2024 than in 2023, with the number “perilously” close to the closures seen during the pandemic in 2020. The same report points to several factors contributing to these bankruptcies, including high interest rates, inflation, and geopolitical conflict, among others.
A spokesperson for the Law Office of Kim Covington added that small businesses are more susceptible to these external factors and are more likely to seek debt relief. “Many small businesses in Oregon are already on the verge of closure as debts and unpaid taxes pile up while income continues to nosedive.”
“While bankruptcy is not and should not be the first option, it remains a viable one, and our role is to help business owners determine if it’s the best course of action,” they added.
The Law Office of Kim Covington adopts a highly methodical and personalized approach to bankruptcy law, treating bankruptcy as the absolute last resort while meticulously evaluating many other options first.
Its spokesperson explained that the firm’s first recourse is to see if the client’s financial troubles are temporary, such as in the case of short-term cash flow issues. “Another scenario is if the business is fundamentally profitable and only weighed down by debts, which can be negotiated with our assistance.”
Lawyer Kim Covington is a highly rated bankruptcy law specialist on legal marketplace Avvo, with a 9.3 rating and a perfect score based on nearly a hundred verified reviews. She was the recipient of Lawyer Monthly’s Women in Law Awards in 2019, and her practice was given the title of Best Business of 2025 by recommendations platform ThreeBestRated.
Those who want to know more about their legal recourse are encouraged to visit 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: 89166173
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