A college fund In bankruptcy is often exempt from the bankruptcy court and creditors. As parents many of us have struggled to make sure we set aside money in a college fund for our kids. With the ridiculous cost of college its important to plan for our children’s future. Although the government offers some aid for college students the bulk of the money owes…
Tulsa Bankruptcy Caused by The Pandemic
Bankruptcy Caused by The Pandemic is rising at a dizzying rate. Top companies in our State are facing bankruptcy situations because of this terrible pandemic that has been ongoing for almost a year now. Slow digital transition and poor financial management has, in particular, affected certain retailers. There have been several cases of some brick and mortar retailers not being able to pay their…
Can I Use my Credit Card To Pay For Bankruptcy in Oklahoma
Using your credit card to pay for bankruptcy in Oklahoma can cause you more problems then you think. Many people, to no fault of their own, find themselves struggling with mounds of debt. Debts such as credit card bills, medical bills, signature loans, and other mounting indebtedness can have people looking for some relief. If you find yourself in that situation, bankruptcy may be…
Can You File Oklahoma Bankruptcy on a Cannabis Dispensary
Oklahoma Bankruptcy on a Cannabis Dispensary is controlled by Federal Law. Businesses have been hit particularly hard due to Covid-19. This problem is particularly painful for Oklahoma medical cannabis dispensaries because they are not able to take advantage of federal assistance since marijuana is illegal under federal law. Even worse, medical marijuana dispensaries likely cannot file bankruptcy protection in Oklahoma. Here’s more on the conundrum. What…
Chapter 7 Bankruptcy in Oklahoma
Chapter 7 Bankruptcy in Oklahoma is the most popular form filed in our state. With record breaking employment brought on by Covid-19, Americans are having a harder time than ever before with making ends meet. Some individuals are accumulating potentially unmanageable debt loads, leaving little to no room for a resolution other than filing for bankruptcy. In the United States, there are a few…
Cars in Bankruptcy
What happens to cars in bankruptcy can be a scary thing. Most people simply do not know what to expect when they file bankruptcy. One of many reasons that people file bankruptcy in the first place is that they’ve had a repossession. Another reason may be that they’ve been buried in a car that doesn’t run anymore or that other debt has them unable…