Tulsa Bankruptcy Attorneys-Bankruptcy Trustee Information

  Chapter 7 Bankruptcy Trustee In Tulsa Oklahoma,  It is safe to say that your assigned bankruptcy trustee in Tulsa will likely have the most influence over your Chapter 7 bankruptcy case. Yet, who a trustee is, and what they do, may be a mystery to you.  This article seeks to provide you some basic information about trustees, and their role in your Chapter…

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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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Can I Avoid Filing Bankruptcy

  Five Debt Relief Options to Avoid Filing Bankruptcy   Sometimes bankruptcy is necessary, but it can be a very stressful, life-altering event that many people equate to divorce, serious health conditions and even the passing of a loved one.  While many Oklahoma citizens are candidates for bankruptcy, it is important to look at other options that may work for you to avoid filing…

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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-Removing Liens On Your Home

I filed a Bankruptcy in Oklahoma and still have a lien on my home. If you filed a bankruptcy in Oklahoma and prior to filing the case a creditor filed a lien on your home the bankruptcy filing will not by itself avoid the lien. This means that many debtors find that after the chapter 7 bankruptcy or chapter 13 bankruptcy case has closed…

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Oklahoma Bankruptcy Law-Can I Discharge Unpaid Employee Payroll Tax in Bankruptcy

Bankruptcy Attorneys-Discharging Payroll Taxes In Bankruptcy: The answer to whether or not you can discharge your employee payroll tax in bankruptcy depends on what portion of the tax you want to discharge and what chapter of Bankruptcy you are filing in Oklahoma. In an Oklahoma chapter seven bankruptcy you will not be able to discharge that portion of the payroll tax that was paid by…

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Bankruptcy Law-Transfering Property Prior to Bankruptcy in Oklahoma

TRANSFER OF ASSETS PRIOR TO BANKRUPTCY When transferring certain assets prior to bankruptcy filing, one must be extremely careful as certain transfers may be considered fraudulent and the transfer can be voided by the bankruptcy court. Determination of fraudulent transfer depends on the Debtor’s actual intent to hinder, delay or defraud any creditor and the Bankruptcy court is able to look back at transferred…

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Oklahoma Bankruptcy Law-Chapter 7 Means Test Qualifications

Oklahoma Bankruptcy And Family Income Qualifications: How Does Family Size Impact Chapter 7 Bankruptcy in Oklahoma In order to file Chapter 7 Bankruptcy you must first be able to pass the Means Test, which measures the Debtor’s income against the Median Family Income Based on State/Territory and Family Size. The median family income is set by the IRS and the Census Bureau reports and from…

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