The Craig County Bankruptcy Lawyers at South Tulsa Bankruptcy file bankruptcy for the great people of Craig County Oklahoma. People all over the country sometimes find themselves in a financial pickle. Whether they’ve suffered a medical set back or a job loss they’re in financial trouble. In fact tens of thousands of people in Oklahoma have been in this exact situation. The big difference is what we do to get out of this financial mess. Many folks don’t know that Bankruptcy will set them free. This tool called bankruptcy stops garnishments, predatory collection tactics and ends lawsuits filed against you. If this is you I’m guessing that you’ve got lots of questions about bankruptcy. Read on for some information or just pick up the phone and call us.
When Do I File Bankruptcy
There isn’t really a bright line that’s easy to see and telling you that its time to file bankruptcy. Really, its time to file bankruptcy when you’ve exhausted other options that make sense. I say make sense because at a certain point its just not possible to pay back your debt. A paycheck only goes so far and after that there just isn’t anymore. If your paycheck is exhausted just feeding yourself and keeping a roof over your head you should consider bankruptcy.
What Kind of Bankruptcy Do I File
For consumers and some small businesses you’re going to file a chapter 7 or a chapter 13. Although there’s other chapters of bankruptcy out there they’re probably not for you. Basically a chapter 7 is the fresh start bankruptcy. Its called this because it outright forgives most of your unsecured debt. Credit cards, payday loans, repossessions and garnishments are forgiven. This is to name just a few but you get the idea. The next popular bankruptcy is chapter 13. This is used in those cases that your income is above the limits set to file a chapter 7. Its also popular if you own a home and your home is facing foreclosure.
Craig County Bankruptcy Lawyers Near You
Our Craig County bankruptcy lawyers can help you file bankruptcy. Either chapter 7 or chapter 13 we do them both. You don’t have to live under the pressure of debt. Its pressure that impacts all parts of your life and can lead to even more problems. Take the helping hand of bankruptcy and use it to get out of debt. Get answers to your questions at 918-739-8984
