Can I File Bankruptcy Without My Spouse Filing

Can I file bankruptcy without my spouse

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…

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If You Cant Make Your Chapter 13 Bankruptcy Payment

Chapter 13 bankruptcy payment

If you cant make your chapter 13 bankruptcy payment there may still be hope. A chapter 13 requires that you make a monthly payment towards your debt. The amount of the chapter 13 bankruptcy payment depends on several different factors. One of those factors is your monthly disposable income. If you’ve filed a chapter 13 and cant meet the payment schedule there are some…

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Asset Hearing in Oklahoma

Asset Hearing in Oklahoma

An asset hearing in Oklahoma is a tool used by creditors to collect debt. if there’s a money judgement against you the person holding the judgement is entitled to file a motion with the court setting the judgement for an asset hearing.  You will be required to attend the asset hearing and its normally held in the District Court in the County the debt…

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Bankruptcy Law-Can I Keep My Rental Property If I File Bankruptcy

Rental Property and Bankruptcy Law: Whether or not you can keep rental property you own in an Oklahoma Bankruptcy depends on which bankruptcy chapter you file.  If you plan to file a chapter 7 bankruptcy you probably cant keep the property.  This is because a chapter 7 bankruptcy is more like a liquidation of your assets in exchange for the discharge of you unsecured…

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Difference Between a Chapter 13 and a Chapter 7 Bankruptcy

Difference between a chapter 13 and a chapter 7 bankruptcy

One of the complicated things about bankruptcy in Oklahoma is deciding between a chapter 13 and a chapter 13.  The major difference between a chapter 13 and a chapter 7 bankruptcy is that a chapter 13 is more like a reorganization of both secured and unsecured debt. On the other hand a chapter 7 bankruptcy forgives most unsecured debt without forcing you to pay anything…

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