Business Bankruptcy Due To Covid-19

Oklahoma Business Bankruptcy Due To Covid-19 are mounting at an alarming rate. Just seven (7) weeks ago the economic picture in Oklahoma was incredible. Businesses were thriving and unemployment numbers were low.  Now businesses are facing a pandemic of global proportions. A majority of the country is under stay at home orders and businesses have been ordered closed to the…

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Bankruptcy Service and Covid-19 in Tulsa

Bankruptcy Service and Covid-19 is unaffected by the stay at home order in Oklahoma. During this time of uncertainty, we wanted to give you an update on how we’re dealing with COVID-19 and filing bankruptcy in our State. As you’re aware, COVID-19 carnivorous is affecting every aspect of our lives. Even our legal systems are not immune. Federal, State and…

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Bankruptcy Exemptions in Oklahoma

Bankruptcy Exemptions in Oklahoma

Bankruptcy Exemptions in Oklahoma protect your personal property from creditors and the Court. To many people filing a bankruptcy is the source for a lot of fear. This isn’t unusual or silly given the financial hardship people find themselves in. When you file a bankruptcy most people will file either a chapter 7 or a chapter 13 case. Regardless of…

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Cosigning For Debt and Bankruptcy

How Long Does Bankruptcy Take

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…

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Student Loans in Oklahoma Bankruptcy

Bankruptcy Exemptions in Oklahoma

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,…

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Can I File Bankruptcy Without a Lawyer

File bankruptcy Without a Lawyer

In bankruptcy cases It’s uncommon for people to ask if I can file bankruptcy without a lawyer. It not common to file without a lawyer but it is possible. The difference between filing bankruptcy without a lawyer and other legal cases is that a bankruptcy case is governed by federal law not State law. By itself this doesn’t change whether…

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Guns in Oklahoma Bankruptcy Cases

Carrying a Concealed Weapon

Guns in Oklahoma Bankruptcy are yours to keep but you have to disclose them to claim the exemption. When we prepare a client’s bankruptcy paperwork, we ask them about their assets, the things they own.  This includes checking and savings accounts, retirement funds and other personal property. Many clients get nervous when we ask them to list what firearms they…

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Garnishments in Bankruptcy

garnishments in bankruptcy

Stopping garnishments in bankruptcy happens everyday. Wage garnishments can occur automatically. They happen when government agencies like the IRS or other creditors think that you owe them money.  They can also occur as a result of a court order that one of your creditors has secured against you. A wage garnishment summons is then issued to your employer. Either way,…

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Debts Forgiven in Bankruptcy

While many debts forgiven in bankruptcy are discharged or restructured when you file for Oklahoma  bankruptcy, there are some that you’ll have to continue to pay in full. This is in addition to any secured debts, debts where you have pledged the asset as security such as a house or a car if you want to keep the asset. The…

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Is Chapter 13 Bankruptcy Right for You?

In recent years, more and more Americans have found themselves weighed down by significant debt. Struggling to pay bills and living expenses, dodging harassing phone calls, and losing sleep over financial worries drives many individuals to consider bankruptcy. However, some people discover they are unable to file for Chapter 7 bankruptcy.  This is because they don’t qualify under the strict…

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Foreclosure Attorneys in Tulsa

Are you behind on paying your mortgage? Are you currently facing the possibility of filing for bankruptcy? Bankruptcy can help you keep your home and forgive your debts. If you’re an Oklahoma resident whose underwater in your home, contact our bankruptcy law office to speak with our foreclosure attorneys. You can get debt relief and possibly keep your home. It…

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How to Stop Creditor Harassment

Are you receiving constant harrassment from credit collectors? Are credit collector using abusive language or threatening you with criminal charges for failing to pay an owed debt? Let our Oklahoma creditor harassment attorneys provide you with legal representation to end the harassment. Under federal bankruptcy laws, when you file for chapter 7 or chapter 13 bankruptcy in Oklahoma, an automatic stay enacts….

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Common Questions About Filing Bankruptcy in Tulsa – Part 2

This is Part II of our two-installment blog post answering frequently asked questions about bankruptcy in Oklahoma. Part I of this blog provides more bankruptcy information so if you missed it you can view it here. We address many of the issues and questions by those with overwhelming by debt and consider filing bankruptcy Tulsa as an option.  Our Tulsa  Attorneys recognize that…

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Common Questions for Filing Bankruptcy in Tulsa

Filing bankruptcy can be overwhelming because it involves a mountain of paperwork.  There are also many opportunities to make critical mistakes. These can result in continuing liability for dischargeable debts; unnecessary delays while a bankruptcy is amended; and even the dismissal of a bankruptcy that puts a debtor’s assets at-risk.  Because most people struggling with debts have questions about their legal rights…

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Filing Chapter 13 Bankruptcy in Tulsa – What You Need to Know

For those who do not meet the income-based requirements of filing for Chapter 7 bankruptcy, a Chapter 13 action may be a viable option for those dealing with a mounting debt crisis.  Generally speaking, a Chapter 13 bankruptcy is often an ideal approach for people who wish to address their debt situation without losing their assets, such as their cars and…

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Should I File for Divorce Before Bankruptcy?

Trying to save your home from foreclosure while having to deal with nagging creditors can create a lot of stress and anxiety. In particular this true for married couples with credit problems.  With 50% of Oklahoma marriages ending in divorce, it well-known that financial issues are a leading reason for divorce.  In fact, many couples trying to address debt problems sometimes…

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Is Filing Bankruptcy Right For Me?

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 a 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 you’re facing financial crisis…

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Common Chapter 7 Questions

This blog post is the second installment in our two part blog post covering common chapter 7 bankruptcy questions. If you are drowning in debt and considering bankruptcy as a means to eliminate much of your unsecured debt, we recommend you review Part I of this blog post.  While we’ve tried to address most of the common chapter 7 questions,…

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Forgiving Back Taxes in Bankruptcy

Forgiving Back Taxes in Bankruptcy can  help those people who’ve experienced Tax debt.  The impact of being the target of the IRS harsh tax collection techniques can be devastating.  There are organizations that are aggressive in enforcing unpaid obligations . . . and then there is the IRS.  Sadly, many families that struggle financially in the face of wage assignments,…

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Common Chapter 7 Bankruptcy Questions

Common Chapter 7 Bankruptcy Questions are centered around debt forgiveness. Chapter 7 Bankruptcy provides a means for you to forgive the vast majority of unsecured debts. This can make income available to you so that you can pay other monthly bills including mortgage and car payments.  While filing a Chapter 7 Bankruptcy can provide enormous financial relief, you cant file unless…

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Immigration and Bankruptcy in Oklahoma

Immigration and Bankruptcy in Oklahoma can go together. Bankruptcy relief is available for U.S. citizens, lawful permanent residents, and undocumented immigrants alike. Often undocumented immigrants choose not to seek relief under the U.S. Bankruptcy Code for one reason or another. However, in order to better decide whether bankruptcy is the best option, you should speak with an attorney familiar with…

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Oklahoma Bankruptcy Means Test

The Oklahoma Bankruptcy Means Test helps you to know if you qualify. Many people who qualify don’t realize it and therefor don’t file. Several reasons may also explain this failure to file. This includes concerns about one’s ability to qualify for bankruptcy under the means test. The purpose of the means test is to force those that are above a certain…

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Credit Score After Bankruptcy

Your credit score after bankruptcy is probably going to be better then you think. A great number of Oklahoman’s struggle for years paying minimum payments while interest and penalties mount.  They often wonder about the impact on there credit score after bankruptcy.  As your family falls further into debt, the family may make difficult financial sacrifices, surrender valuable assets and cope with…

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Can I Keep My Home After Bankruptcy?

Oklahoma has some of the most generous bankruptcy exemptions in the country. Our States bankruptcy exemptions allow Oklahomans, who are filing bankruptcy, to keep many of their personal assets. In particular Oklahoma allows you to keep the entiraty of your home without regard to its value. You must live in Oklahoma for two years proceeding the filing of your bankruptcy to use the…

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Automobile Exemption

In Oklahoma Bankruptcy Cases, you’re given an opportunity to protect certain assets by using bankruptcy exemptions. The most common exemptions are used for your home and your car.  There’s several other bankruptcy exemptions available to people filing bankruptcy in Oklahoma.  But for now this blog post will confine itself to the automobile exemption in Oklahoma You Don’t Lose Your Car, Its The…

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