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One of the most common questions married people ask me is can I file a bankruptcy without my spouse. A simple answer to this is yes. If you’re married filing a bankruptcy in Oklahoma its not a requirement that if one spouse files so must the other. But, like everything in bankruptcy its important you understand all the consequences and potential advantages involved depending…
Tulsa Bankruptcy Attorneys-Will My Back Taxes Be Discharged In Bankruptcy: Chapter 7 Bankruptcy: Can you discharge Tax Debt? On any Chapter 7 Bankruptcy consultations, the prospective Debtor is always advised of a general caveat that certain debts classified as priority debts are not dischargeable including domestic support obligations such as child support and taxes due to the government and in most instances they are…
Means testing and Oklahoma bankruptcy go hand in hand. In order to qualify for chapter 7 bankruptcy you must not make above a certain amount of money per year. Means testing in bankruptcy determines which chapter of bankruptcy you qualify to file. Means Testing Qualifies You Your income determines which chapter of bankruptcy you qualify to file. If you’d like to file a chapter…
How do you value your car for the purposes of bankruptcy Exemptions? Since Oklahoma has opted out of the federal exemptions, it provides for their own exemption statutes under title 31 of the Oklahoma Statutes section (A)(1) and under 31 O.S. §A (1) (13) and individual may exempt a vehicle for its value up to $7,500.00 in equity. In today’s world, with numerous vehicle…
In the age of do it yourself everything a common question I get is do I need a lawyer to file bankruptcy. The answer to the question depends on your patience and ability to meet the requirements of the court. While the Court allows you to file without an attorney there are certain hurdles you need to be aware of. Which Chapter of Bankruptcy…
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