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While for many people bankruptcy is the best option, it’s important to look at other alternatives that may help you avoid filing bankruptcy. Its also important that you understand its not always possible to avoid filing bankruptcy, so for the purpose of information, I’ve provided you with a few things you can try. Debt Management Programs You may have heard of debt management programs….
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…
There are situations where failing to pay a judgement could result in your Oklahoma drivels license to be suspended. Using Bankruptcy to Reinstate Your Drivers License in Oklahoma is sometimes possible. There are many reasons and types of cases where a creditor gets a judgment against you. Most judgments that creditors get aren’t the kind that result in your Oklahoma drivers license being suspended….
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…
Bankruptcy and your credit score: Will bankruptcy hurt my credit is a question people have. The answer to this question is that it really depends on your particular circumstances. In reality many of my clients are facing judgements for unpaid credit card bills, car repossessions, and foreclosures. In those situations the answer is that in an odd way bankruptcy may help. This is because…
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