First Step To Your New Life
The fear of bankruptcy can be more unnerving than the process itself. Yet a process that can clear your debt and set you on the path to financial recovery need not be so daunting. As a seasoned Bartlesville bankruptcy attorney, I’ve seen how people can recover not just from debt, but from the stress debts often bring as they’ve started towards financial recovery with a the bankruptcy filing.
The latest numbers show that more than 12,000 Oklahoma residents from all walks of life file for bankruptcy in a typical year. Trust me, those people for the most part don’t end up destitute. You don’t always lose everything in a bankruptcy. As a Bartlesville attorney, I’m here to help you find ways to keep the things that matter most to you and your family. It’s a complicated process to manage alone, so our promise is to listen to your concerns and aggressively manage the bankruptcy petition.
The Right Approach: Chapter 7 or Chapter 13?
Chapter 7 bankruptcy is a very common approach to bankruptcy. It sets forth basic liquidation for individuals along with options for business owners. In Oklahoma, Chapter 7 states that as long as your are currently up on your payments the court may allow you to keep your home, truck or car. That’s one of the first questions we often hear from people asking about the bankruptcy process. We’re here to help speed along the process, and Chapter 7 can often be the simplest and fastest form of bankruptcy. We know the complicated details of bankruptcy law filings so we can quickly ascertain the likelihood that you are eligible to eliminate debts from medical bills, credit cards or business debts.
Chapter 13 bankruptcy is another option for financially imperiled individuals. Chapter 13 offers people that still have a regular source of income a way to repay all or part of daunting debts that have been accumulated. What is unique about Chapter 13 is that even if you are significantly behind on your payments, you may still have a good chance of keeping your home, car or truck. For higher income families, Chapter 13 bankruptcy is often the only option available. Monthly payment plans typically range from from 36 to 60 months. Are you not sure you are in what the courts consider a higher income bracket or if you qualify for Chapter 13? Don’t worry. As a Bartlesville bankruptcy attorney, I’m here to figure out all the intricate details of your individual situation.
Free Consultation: Bartlesville Bankruptcy Attorney
You can be speaking with a Bartlesville bankruptcy lawer within minutes. The Wirth Law Office – Bartlesville offers free, no-obligation phone consultations. Call (918) 213-0950 or toll-free at (888) Wirth-Law (888-947-8452). If you prefer submit the “Ask an Attorney” form at the top right of this page.