Yes, you can file for bankruptcy in Oklahoma if you lose your job and are facing financial difficulties. Bankruptcy is a legal process that allows individuals and businesses to eliminate or restructure their debts when they are unable to meet their financial obligations. Losing your job can certainly be a significant factor contributing to financial distress and may be a…
You cannot be Fired For Filing Bankruptcy in Oklahoma. The State and Federal government provide certain protection for people filing chapter 7 or chapter 13. If you’re considering filing for bankruptcy, you probably have endless questions about your future. One of the main questions may be about keeping your current job or being able to find another job in the…
Each year thousands of people and businesses in Oklahoma file bankruptcy. Avoiding Liens in Bankruptcy. This year, with the advent of the pandemic, more of us have felt the financial strain. From stay at home orders to quarantining many face financial difficulty made harder by the events of 2020. When you turn to bankruptcy, you should also think about getting…
Marijuana Dispensary Bankruptcy in Oklahoma is unsettled law. Bankruptcy has been around for many years and is woven into the fabric of our society. Used in good faith, bankruptcy is a tool which can be used to protect people and businesses who find themselves in financial trouble. Absent this protection, entrepreneurs could lose nearly everything even in the event of…
Student loans in Oklahoma bankruptcy are one of the most frustrating aspects of modern life. In order to obtain the education you need for the career you want, you have to take on debt. Sadly, that doesn’t always work out. Employment fluctuates, life intervenes, and student loans go from being an annoyance to a full blown crisis. As bankruptcy attorneys,…
Cosigning For Debt and Bankruptcy helps get you off the hook for the debt once you file your chapter 7. If you or someone you co-sign for is considering bankruptcy, you’re probably wondering what happens to the debt. If you’re the one that co-signed for the debt its okay. If you’re filing a bankruptcy this doesn’t mean that the person…
Stopping garnishments in bankruptcy is easy. Wage garnishments can occur automatically. They happen when government agencies like the IRS or other creditors claim you owe them money. They can also occur as a result of a court order that one of your creditors secured against you. A wage garnishment summons is then issued to your employer. Either way, third parties…
If you re facing a financial crisis, its likely that you’re considering an Oklahoma bankruptcy. The question is filing bankruptcy right for me is a valid one. Filing for bankruptcy is sometimes viewed as complex process. You may be asking yourself, is filing bankruptcy right for me, and as such, hesitate to consider it as a way of improving your financial situation. If…