What does it mean to surrender property?: Tulsa Chapter 7 Bankruptcy lawyers; Kania Law Office

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Bankruptcy Oklahoma

KANIA LAW OFFICE
5319 S. Lewis Ave.
Suite 120
Tulsa, OK 74105
(918) 743-2233
firm@kanialaw.com

Oklahoma Chapter 7 Bankruptcy: Surrendering Property

What does it mean to surrender property?
When you surrender secured property you give it back to the creditor or allow them to repossess the property. They will sell the property apply the proceeds to your debt. If they can't sell it for the full amount, don't worry, you will not still owe the difference.

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The Tulsa Oklahoma professional lawyers and legal rights advocates at the Kania Law Office represent our valued clients in Oklahoma personal injury law, family law, criminal defense, workers compensation, bankruptcy law, and Oklahoma business law, in Oklahoma district courts, municipal courts, workers' compensation courts, and United States federal courts.

If you would like a free consultation with an Oklahoma attorney from the Kania Law Office please call (918) 743-2233 or fill out this form.

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