Garnishments and Oklahoma Bankruptcy Law

Garnishments and Oklahoma Bankruptcy Law

Garnishments and Oklahoma Bankruptcy Law are settled by years of case law. Garnishments represent some of the most difficult situations you can face. As if its not difficult enough meeting your bills a garnishments crushes your efforts. Sometimes it seems like fighting the garnishment is the best way to get rid of it. Truth is that its very difficult. Once the creditor gets the…

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What happens to my tax refund in Bankruptcy

Can I Keep My Tax Return? If you file bankruptcy and you are entitled to a tax refund the Trustee in your case can assert an interest in the refund.  Because he can take a part of it doesnt mean that he or she will.  First thing to consider is that certain parts of the tax refund are exempt.  An example of an exemption…

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Changes to Bankruptcy Law in Oklahoma

Since the Oklahoma bankruptcy laws were changed in October 2005 I receive countless calls from persons wanting to file personal bankruptcy in Oklahoma.  Most Oklahoma’s fear that since the changes they are no longer able to file or that credit card debt can no longer be discharged in bankruptcy. Moreover many of the calls wonder if the new bankruptcy laws preclude including your medical…

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Oklahoma Automobile Exemption

Can I Keep My Car in Bankruptcy: In chapter 7 Bankruptcy Cases, Debtor(s)’ are given an opportunity to protect certain assets through Exemptions, which assets may include the Debtor(s)’ primary residence and other personal property such as furnishings and clothing. The U.S. Bankruptcy Code provides a list of uniformed exemptions, however most states have the option of opting out and providing for its own…

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Oklahoma Lawyer Explains Reasons to Reaffirm

Oklahoma Lawyer explains reasons to reaffirm

Each day our Oklahoma Lawyer explains reasons to reaffirm. Almost every new client who wants to file chapter 7 bankruptcy in Oklahoma doesn’t want to file “against” something. What the client means to say is that they would like to keep their house, or their car. When filing bankruptcy, it is impossible to “not file against” an item that you would like to keep….

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