Oklahoma consumers could utilize a bankruptcy case to eliminate their debts effectively. These opportunities allow them to choose between liquidation and a structured payment plan to settle their debts. The choice of chapter determines which structure is available to...
When a person is facing bankruptcy, they need to hire a lawyer to help them decide which type of bankruptcy will be better for them to file and to make sure all of the paperwork is properly filed so there are no unnecessary delays in the process. When one hires a...
Bankruptcy is a legal process that helps businesses and consumers repay or eliminate debts under the protection of a federal bankruptcy court. There are two types of bankruptcy: reorganization and liquidation. In a chapter 7 or liquidation bankruptcy, a business or...
When you become overwhelmed with debt, you may feel there is no hope to help you overcome your situation. Often, you will begin receiving threatening phone calls and letters from those you owe. They will threaten to garnish your wages and even take you to court. It is...
For many people, one of the most difficult things that they will go through in their life is filing bankruptcy. In most cases, the filing of a bankruptcy claims is, the last ditch effort of a person to get their head above water regarding their finances. Trying to...