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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Filing Bankruptcy In Tulsa Oklahoma

  Myths About Filing Bankruptcy In Tulsa Oklahoma   As Tulsa Oklahoma bankruptcy attorneys with numerous years of experience, we regularly meet with prospective clients considering bankruptcy but who are too afraid to start the process.  Specifically, many of these individuals tell us that they fear filing for bankruptcy given that their credit will never recover once their debt is discharged.  The good news…

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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-Removing Liens On Your Home

I filed a Bankruptcy in Oklahoma and still have a lien on my home. If you filed a bankruptcy in Oklahoma and prior to filing the case a creditor filed a lien on your home the bankruptcy filing will not by itself avoid the lien. This means that many debtors find that after the chapter 7 bankruptcy or chapter 13 bankruptcy case has closed…

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Bankruptcy Law And Asset Hearings In Bankruptcy

What is an Asset Hearing in Ok: In Oklahoma if there is a money judgement against you the person holding the judgement is entitled to file a motion with the court setting the issue for an asset hearing.  At the hearing you will be required to supply all your financial information such as bank accounts, and all other assets and there location. The most important…

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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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Oklahoma Bankruptcy Law-Can I Discharge Unpaid Employee Payroll Tax in Bankruptcy

Bankruptcy Attorneys-Discharging Payroll Taxes In Bankruptcy: The answer to whether or not you can discharge your employee payroll tax in bankruptcy depends on what portion of the tax you want to discharge and what chapter of Bankruptcy you are filing in Oklahoma. In an Oklahoma chapter seven bankruptcy you will not be able to discharge that portion of the payroll tax that was paid by…

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Bankruptcy Law-Difference Between a Chapter 13 and a Chapter 7 Bakruptcy

Chapter 7 or Chapter 13 Bankruptcy in Ok– Whats The Difference Between Them: 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 where as a chapter 7 bankruptcy is a liquidation of all debts and nonexempt assets.  In a chapter 13 the debtor is required to…

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