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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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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Bankruptcy Law-Claiming My Injury Lawsuit In Bankruptcy

Injury Claims in Bankruptcy: Certain assets in your Bankruptcy are considered exempt.  That means that when you file a chapter seven case the recovery from Workers Compensation or Personal Injury lawsuits proceeds flows to you free of claims from the bankruptcy court.  The exemption is capped by a certain amount but this amount is generous. The most important thing you can do is to make sure that…

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Bankruptcy Law-Will Bankruptcy Help Me Get My Oklahoma Drivers License Back

Drivers License and Bankruptcy: In certain situations your drivers license is suspended for failing to pay financial obligations.  An example of this is failing to pay traffic tickets or for an automobile or motorcycle accident that when it occurred you didn’t have insurance that covered the other persons medical expense.  When your chapter 7 bankruptcy or chapter 13 bankruptcy case is filed the underlying…

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Bankruptcy Law-Can I Keep My Rental Property If I File Bankruptcy

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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Will An Oklahoma Bankruptcy Hurt My Credit

Tulsa Bankruptcy and your credit score: How your credit score will be impacted by filing a bankruptcy in Oklahoma is a question that I’m asked by most of my bankruptcy clients.  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…

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