Do I Qualify to File Bankruptcy in Oklahoma?

Do I qualify to file a chapter 7 bankruptcy in Oklahoma

This is a list of a few of the requirements to file a chapter 7

1.  You cant have filed a previous chapter 7 within 8 years of your proposed current bankruptcy filing.  The dates run from the time the prior bankruptcy was actually filed not when the case closed.

2. Your family income must not exceed the median family income for a family of your family’s size.  The median family income is determined by the IRS and is different depending on what part of the country you live in.  The median income limit changes from time to time so check with one our bankruptcy lawyers to determine if you qualify.  In the event that you do not meet the median income requirements to qualify for a chapter 7 you may consider filing a chapter 13

3.  You must have lived in Oklahoma for six months next proceeding the date you file.  To qualify for the bankruptcy exemptions in Oklahoma you must have lived in Oklahoma for 2 years next proceeding the filing of your bankruptcy case.

If you meet the requirements set out above you are presumptively qualified to file chapter 7 in Oklahoma.  for a free consultation with a Tulsa Bankruptcy lawyer regarding the many complexity of Bankruptcy law call today and speak to a lawyer.