Tulsa Chapter 7 bankruptcy is one of the most attractive forms of bankruptcy because it allows for the complete discharge of most unsecured debts. Many liken a Tulsa Chapter 7 bankruptcy to starting fresh with a clean slate. However, in order to be eligible for a Chapter 7 bankruptcy, you must have an income below the federal mandated threshold. In order to calculate eligibility,…
Judgement Liens Oklahoma Bankruptcy
Judgement Liens Oklahoma BankruptcyFor those considering bankruptcy, a lawsuit from a creditor is the catalyst. For creditors who’ve exhausted all other collection options, filing and winning a lawsuit gives them powerful tools against the debtor. This tool is called a “judgment creditor”. Once the creditor gets their Judgement Lien the collection efforts will begin in earnest. The two most widely used, and most concerning…
Bankruptcy Attorneys in Oklahoma Discuss The Meeting of The Creditors
The Meeting of the creditors isn’t something you should fear. Right after a person files for bankruptcy, the court does several things. First it issues a case number, which identifies your bankruptcy. Next it notifies your creditors by mail that you have filed a bankruptcy. Finally, it assigns a bankruptcy trustee to your case who schedules a hearing called the “First Meeting of the…
Tulsa Lawyer Provides Oklahoma Bankruptcy Information
Oklahoma Bankruptcy Information and Protected Assets help you decide which kind of bankruptcy to file. One of the functions of filing for bankruptcy is to protect your assets. This includes your income, your home and your property, from creditors to whom you owe money. Oklahoma bankruptcy law allows certain assets to be exempt from seizure up to certain amounts. Below is a brief description of…
Oklahoma Bankruptcy Process
Tulsa Oklahoma Bankruptcy Process isn’t as difficult as you think. Our firm has the expertise to guide you every step of the way to make sure every form is filled out properly and your file is thoroughly organized and presented to the court in a professional manner. Once we have decided if bankruptcy is the proper course of action, the process begins by gathering…
Finding The Best Tulsa Oklahoma Bankruptcy Attorney For You
Selecting your Tulsa Oklahoma bankruptcy attorney is an important task that can make a significant difference in the success of your bankruptcy case. You’ll spend considerable time working with your bankruptcy attorney, particularly if you file a Chapter 13 bankruptcy, you’ll need to find someone you trust. A big part of finding the right attorney is first knowing what to look for. With this…