Chapter 13 Bankruptcy Tulsa

How Bankruptcy Affects Your Credit

While many people use the term bankruptcy in a generic sense, there are a couple of versions of consumer bankruptcy .  Chapter 7 and Chapter 13 are two examples of types of bankruptcy.  While Chapter 7 is the form of bankruptcy that most people think of when they think bankruptcy this may not be the solution for them. Chapter 13 is another type bankruptcy…

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Filing Bankruptcy In Tulsa Oklahoma

Forgiving Student Loans

Filing Bankruptcy in Tulsa Oklahoma doesn’t have to be so difficult. The fear about bankruptcy is stoked by the years of myths that surround the process. Over the many years that I’ve filed cases in Oklahoma I’ve heard countless bits of fake news regarding what bankruptcy does for and doesn’t do. The truth is that until you get information from a bankruptcy attorney the…

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How Bankruptcy Affects Your Credit

How bankruptcy affects your credit score

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…

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Forgiving Student Loans in Bankruptcy

forging student loans in Oklahoma bankruptcy

Student Loan debt is becoming a crippling problem in recent times. In fact forgiving student loans is a hot topic as the number of borrowers skyrockets.  Student loan borrowers may have more Bankruptcy Options in Oklahoma than they realize. Sluggish economic growth and an uneven economic recovery have made for tough economic times for borrowers.  These economic challenges can be daunting for those with…

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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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