For many people, filing for bankruptcy is the first step on the road to a financially independent life. Oklahoma bankruptcy laws may give you the help and protection you need to eliminate your debt.
Let a Tulsa bankruptcy lawyer be your guide during a process that may help you start a new, debt-free life.
A bankruptcy lawyer can explain the details of how filing bankruptcy can help reform most types of debt while allowing you to keep and protect your home, car and other possessions.
Start down the road to financial independence today by contacting a local lawyer. To connect with a Tulsa bankruptcy lawyer, simply fill out the free case evaluation form on this page or call, toll free, 877-349-1309.
Don't just sit still if you're falling further and further into debt. Get bankruptcy information about all of your debt relief options so you can take action.
Each year, many people seek the help and protection of Oklahoma bankruptcy laws.
When individuals file for personal bankruptcy in Oklahoma they have two options, Chapter 7 or Chapter 13. Each functions in its own way, but both chapters are very similar.
Chapter 7 bankruptcy may be a good option for those who have lots of unsecured debt, such as credit card debt, personal loans, medical bills or payday loan debt.
When you file Chapter 7 bankruptcy, some of your debts may be discharged completely while some of your non-exempt possessions may be sold to cover your debts. Fortunately, Oklahoma bankruptcy laws offer many exemptions that may protect your property, including your home and car. In many Chapter 7 cases, there is no sale.
Chapter 13 bankruptcy can be a better option for people with more income. Chapter 13 bankruptcy allows you to keep more property safe, provided you have enough steady income to make regular payments to a trustee, who will oversee your debt.
Your trustee will handle all of your debts - some of which may be discharged or "crammed down" during bankruptcy. So instead of fighting many creditors, you make one simple payment a month. And, you won't have to live under the stress of harassing phone calls or letters.
Before you can take either step, get the full facts about how Oklahoma's bankruptcy laws can affect you. To get answers, talk with a local bankruptcy lawyer in Tulsa.
If you're ready to take action and speak with a Tulsa bankruptcy lawyer, call us, toll free, at 877-349-1309 or fill out the free case evaluation form on this page.
Note: Keep in mind all laws are complex. If you need legal advice or want to fully understand how these laws affect you, please speak with a local attorney.
Laws may have changed since our last update. For the latest information on your state's bankruptcy laws, speak to a local bankruptcy lawyer.