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As a Tulsa bankruptcy attorney I’m often asked how Bankruptcy Affects Your Credit. The truth is that answering this question is a little different depending on your particular case. The most important thing to realize is that bankruptcy’s impact on your credit score isn’t permanent and can be improved shortly after we file your chapter 7 case. Unfortunately, there are a great number myths…
BANKRUPTCY AND TAXES When you file a bankruptcy the discharge-ability 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 assessed to you can discharge the amount of tax that was owed at the time of…
Removing Liens on your home in bankruptcy is an important part of the case. Sometimes when a creditor gets a judgment against you and you own a home they will place a lien on the title. With the help of an experienced Oklahoma bankruptcy attorney getting the lien removed is easy. Motion to Avoid Lien on my Home Removing liens on your home in…
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…
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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