-- The Law Office of Kim Covington has expanded foreclosure prevention services to Albany, Oregon, giving residents facing mortgage default access to legal strategies that can stop foreclosure proceedings before homes are lost.
More information is available at https://www.kimcovington-bankruptcylawyer.com/
Oregon recorded 752 foreclosure filings in the first quarter of 2026, a 50 percent increase from the same period a year earlier, while completed bank repossessions in the state more than doubled during that time, according to property data provider ATTOM. Against this backdrop, The Law Office of Kim Covington has announced its dedicated foreclosure prevention support, helping families intervene before a filing progresses toward repossession.
According to a firm representative, each case begins with a confidential consultation to review the homeowner's financial situation, mortgage status, and timeline before a foreclosure sale is scheduled. During this review, the firm evaluates whether Chapter 13 or Chapter 7 bankruptcy better fits the homeowner's circumstances, since eligibility and outcomes vary based on income, debt type, and how far the foreclosure process has already advanced.
Filing for Chapter 13 bankruptcy triggers an automatic stay, a court order that immediately stops foreclosure proceedings once the case is submitted. This gives homeowners time to catch up on missed mortgage payments through a structured, court-approved repayment plan, often spread across three to five years.
Second mortgages may also be addressed within the same filing, depending on the property's current value and the homeowner's overall debt load. For homeowners whose financial circumstances favor liquidation instead, Chapter 7 bankruptcy can discharge qualifying unsecured debts, such as credit card balances and medical bills, freeing up income that can then be directed toward mortgage payments.
The firm serves homeowners throughout Albany and surrounding Oregon communities, including Eugene, Corvallis, Springfield, and Roseburg, with evening and weekend appointments available by request. The firm spokesperson highlights that payment arrangements are structured to make representation accessible, with separate fee options depending on the bankruptcy chapter filed, allowing homeowners to plan for legal costs alongside their existing debt obligations.
Albany homeowners facing foreclosure can schedule a free consultation by visiting https://www.kimcovington-bankruptcylawyer.com/ or calling 541-393-2790.
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/
Release ID: 89200299