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…
Filing a Proof of Claim in Bankruptcy
Filing a Proof of Claim in Bankruptcy is something creditors do. During troubling times more and more people and organizations are turn to bankruptcy. Generally speaking people either file bankruptcy under Chapter 7 or Chapter 13. In either case, the person filing the bankruptcy has to list all of their creditors. This could include you if you’re owed money. This may mean, you’re never…
Coronavirus Impact on Oklahoma Bankruptcy Courts
Coronavirus Impact on Oklahoma Bankruptcy has changed the way bankruptcy lawyers and courts do business throughout the State. With mounting positive tests and increased death rates the State is grappling with how it protects its citizens and how the courts process bankruptcy filings. With the onslaught of the virus the need for bankruptcy lawyers and the bankruptcy courts in Oklahoma to do its part…
Bankruptcy in Oklahoma During The Coronavirus
Bankruptcy in Oklahoma during the coronavirus pandemic is proceeding just as before the virus started. The difference is that the number of filings is expected to grow. As the number of virus cases in Oklahoma increases so does the economic strain that many of our businesses and people are facing. The department of labor predicts that the number of unemployment claims in the State…
Credit Score After Filing Oklahoma Bankruptcy
Your Credit Score After Filing Oklahoma Bankruptcy is impacted in many ways that you might not have expected. Those who are considering bankruptcy will often worry that their credit score will never recover or that they won’t be able to have a good credit score ever again. The reality is, however, that rebuilding credit is not as difficult as it seems. Creditors will offer…
