Generally you can not keep a credit card when you File Bankruptcy in Oklahoma. Are you considering the possibility of bankruptcy or currently in the bankruptcy process and wondering when you can build your credit again? Are you wondering if you can keep your credit cards? If your credit cards have outstanding balances, you can assume you will lose them….
Fair debt collection rules In Oklahoma apply to debt collectors both inside and outside the state. Federal and state laws limit creditors and collection agencies when collecting debts. Most states have enacted laws applicable to debt collection. Many are like the Fair Debt Collection Practices Act, while some are broader and apply to the original creditor. States also have laws…
Gambling winnings in bankruptcy carry real consequences. To file a Chapter 7 bankruptcy case, you must first establish your eligibility under federal bankruptcy law. Whether you qualify to file a Chapter 7 bankruptcy case primarily depends on the amount of your income. Federal bankruptcy law uses a tool known as the means test to review your income over six months…
The requirements for filing bankruptcy in Oklahoma are precise and must be met for you to be eligible to file. Bankruptcy is not something that you will want to enter blindly. It will likely require some foresight and planning. Because it can be a life-altering decision, you will want to educate yourself on the process and what some requirements for…
Social Security Income might impact your ability to file a bankruptcy in Oklahoma. If you face financial challenges, bankruptcy may be the solution you need to feel at ease again. However, pursuing bankruptcy might seem overwhelming. Filing for bankruptcy can entail figuring out confusing paperwork and dealing with detailed research about your options. When you decide to file for bankruptcy,…
in Oklahoma secured credit cards in bankruptcy are treated a little different than unsecured credit cards. Filing for bankruptcy is a tough decision, but it may have felt like your only option at that time. While bankruptcy allows you to start fresh, it can impact your credit and make moving forward somewhat challenging. But in some cases a bankruptcy could…