Transferring Property Prior to Bankruptcy in Oklahoma

Oklahoma City Bankruptcy Attorneys

Transferring Property Prior To Bankruptcy in Oklahoma can be a problem. Anything you sell just ahead of filing will be looked at by the Trustee in your case. Certain transfers to certain party’s will bee seen as fraudulent on there face. If the Court finds the transfer to be fraudulent the court can void the transfer. If the court does this it can claw…

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Means Testing and Oklahoma Bankruptcy Law

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…

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Oklahoma Bankruptcy Law

The Bankruptcy Code: Bankruptcy law is under the jurisdiction of title 11 of the Federal Bankruptcy Code.  Although federal law applies each state in the United States is allowed to apply or not apply certain bankruptcy exemptions.  An Exemption is what each person filing their bankruptcy case is allowed to keep regardless of  filing either a chapter 7 or chapter 13 bankruptcy.  An example…

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