Chapter 13 Bankruptcy Tulsa

What Is Chapter 13 Bankruptcy? While many people use the term bankruptcy in a generic sense to refer to the process of obtaining debt relief, there are a couple of versions of consumer bankruptcy – Chapter 7 and Chapter 13.  At EZ Oklahoma Bankruptcy we strive to make bankruptcy easy to understand. While Chapter 7 is the form of bankruptcy that most people think…

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Tulsa Bankruptcy, Impact Of Bankruptcy On Your Credit

The Destructive Urban Myth That Bankruptcy Destroys a Consumer’s Credit Those who are facing burdensome debts and unanticipated financial hardships that prevent them from paying those debts often consider Chapter 7 Bankruptcy.  Unfortunately, there are a great many myths that are perpetrated by financial institutions and the media about the negative impact and disadvantages associated with pursuing a Chapter 7 or chapter 13 bankruptcy…

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Lawyers Tulsa Bankruptcy and Student Loans

Student Loans And Banktuptcy In Tulsa Oklahoma Recent College Graduates May Have Broader Bankruptcy Options Than They Realize Sluggish economic growth and a high unemployment rate have made for tough economic times for recent college graduates and those anticipating graduation soon.  These economic challenges can be daunting for those with a significant balance in student loan obligations.  While in theory student loans are dischargeable…

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What Is Chapter 13 Bankruptcy

Which Bankruptcy Should I File? During the current difficult economic situations, Oklahoma families and individuals may be facing the loss of employment, a medical illness of themselves or a family member or a host of other financial difficulties. These problems may cause them to fight to pay their monthly living expenses and make current mortgage and car payments.  While Chapter 7 Bankruptcy is a…

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Bankruptcy Law-Oklahoma Divorce And Bankruptcy

Tulsa Bankruptcy-Should I file my bankruptcy before I get divorced in Oklahoma This is a question that I face almost on a daily basis because many of my bankruptcy clients have also hire me to do their divorce in Tulsa.  The answer to this question is that it depends.  The first consideration is if you and your soon to be ex are getting along…

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Attorneys-Property Taxes In An Oklahoma Bankruptcy

BANKRUPTCY AND TAXES When you file a bankruptcy the dischargeability of property taxes depends on whether you are filing a chapter 13 or a chapter 7 Oklahoma bankruptcy. If you are filing a chapter 7 bankruptcy and you are not keeping the property that the property tax was assed to you can discharge the amount of tax that was owed at the time of discharge…

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Bankruptcy Law-Claiming My Injury Lawsuit In Bankruptcy

Injury Claims in Bankruptcy: Certain assets in your Bankruptcy are considered exempt.  That means that when you file a chapter seven case the recovery from Workers Compensation or Personal Injury lawsuits proceeds flows to you free of claims from the bankruptcy court.  The exemption is capped by a certain amount but this amount is generous. The most important thing you can do is to make sure that…

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Bankruptcy Law-Will Bankruptcy Help Me Get My Oklahoma Drivers License Back

Drivers License and Bankruptcy: In certain situations your drivers license is suspended for failing to pay financial obligations.  An example of this is failing to pay traffic tickets or for an automobile or motorcycle accident that when it occurred you didn’t have insurance that covered the other persons medical expense.  When your chapter 7 bankruptcy or chapter 13 bankruptcy case is filed the underlying…

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Oklahoma Bankruptcy Law, Can I File Bankruptcy Without My Spouse Filing

You Can File Bankruptcy without Your Spouse: At my Bankruptcy Law office I have been asked this questions a countless number of times.  A short answer to this question is yes.  In an Oklahoma bankruptcy, the law allows a married party to file without their spouse also filing. The reasons married people may want to file without their spouse also filing differ greatly.  Among the reasons may…

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IF You Cant Make Your Chapter 13 Bankruptcy Payment Can You Covert To Chapter 7

Chapter 13 Bankruptcy Conversion Over the years I have had countless calls from people who have file a chapter 13 bankruptcy in Ok and have been making the plan payments but have cince fallen on to hard times.  The first thing to know is that Oklahoma Bankruptcy Law allows the debtor to convert his or her chapter 13 to a chapter 7.  This can…

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