Our Oklahoma City bankruptcy attorneys deliver on what they promise
Our Oklahoma City bankruptcy attorneys, the local sponsors of Total Bankruptcy, know what they're doing. Our Oklahoma City bankruptcy attorneys have years of experience practicing personal financial law, and they have earned their reputation by helping people like you.
Our Oklahoma City bankruptcy attorneys are dedicated to working with hardworking individuals who ended up in serious financial trouble through no fault of their own. As much as you may save for a rainy day, unforeseen problems like the loss of a job or enormous uninsured medical bills may soon wash all of that cash away. Even if you are trying to pay back all your bills, our Oklahoma City bankruptcy attorneys may tell you through experience that these efforts may not be the best solution.
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Oklahoma City
1200 City Place Building 204 N. Robinson Oklahoma City, OK 73102 Map | Directions | Case Evaluation |
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When you call us toll-free at 1 (877) 349-1309, or fill out our online case evaluation form, one of our experienced bankruptcy attorneys should call you to answer your questions and arrange for a meeting. Once you know what these professionals may be able to do for you, you may wonder why you ever waited to gain their counsel!
Chapter 13 provides a safe, sane and protected way to get out of debt.
If you are suffering under a mountain of debt but you do have a regular income, a Chapter 13 bankruptcy may be right for you. You may be able to use Chapter 13 to liquidate the majority of your debts, set up a reasonable debt repayment plan, and get a fresh financial start.
A Chapter 13 case begins with the preparation and filing of your bankruptcy petition. This petition should list certain personal information about yourself, your spouse, and your family, and you must set forth all of your income, your property (assets), your expenses, and all debts (liabilities). Additionally, you must select the specific exemptions to which you are entitled (exemptions are the laws that prevent your creditors from taking your property away from you).
Shortly after you file your petition, the court clerk should send a notice of your case to all of the creditors listed in your petition. After that, your case should be assigned to a trustee, who will review your case. The court will then also issue an Automatic Stay order. This order prohibits your creditors from collecting their debts from you, from repossessing your car or other property, and from starting or continuing any legal actions against you.
In return for following your Automatic Stay order, your creditors should be repaid through your repayment plan. Your repayment plan is an agreement in which your creditors agree to forgive a portion of your debts to them in exchange for your commitment to repay your reduced debts over time. Most plans require you to make monthly payments to the trustee - a federal official who is appointed by the court to oversee your case. While you are making payments under a repayment plan, your creditors should not take any collection actions against you.
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The purpose of this web site is to help you learn everything you need to know about bankruptcy, the process, your bankruptcy attorney and your legal rights. The best place to start is with the U.S. Bankruptcy Code. It delivers protection to people in financial jeopardy who are suffering under mountains of debt. Bankruptcy is your legal right.