The Wagoner County Bankruptcy Lawyers at South Tulsa Bankruptcy Lawyers Law Office help people file bankruptcy. If you need help getting back on solid financial ground you’ve got options. Bankruptcy is a federal program that guarantees you a fresh start but you’ve got to qualify. The process isn’t that difficult but it does require that you provide paperwork to the court. In exchange for providing financial information about yourself the court forgives most of your debt. When you file bankruptcy you’ve got some choices regarding which bankruptcy top file. This is natural and depends on a few different factors. Read on for some answers or just call us and get a consultation.
What Bankruptcy Chapter Do I File
If you’re looking at bankruptcy you’ll have to decide what chapter to file. The choice really comes down to which one you qualify for. If given the option filing a chapter 7 is the better option but its not a one size fits all choice. Most people file chapter 13 instead of chapter 7 because they’re facing a home foreclosure. This chapter of bankruptcy will stop the foreclosure and potentially set you up on payments. Another reason people file chapter 13 is because they make too much money and because of this don’t qualify for a chapter 7. If you qualify for a chapter 7 its great because it outright forgives most of your debt. In the event that you own a house or car its easy. You can keep them both so long as you continue making your payments.
Wagoner County Bankruptcy Lawyers Near You
If you’ve had enough with fighting to keep your head above water a Wagoner County bankruptcy is something you should consider. Most people file and find that the process is straight forward. You get rid of credit cards, payday loans and stop any payroll garnishments. Call and get a free consultation at 918.739-8984
