Tulsa Bankruptcy Lawyer
When it comes to filing for bankruptcy, there is a lot of misinformation out there. This can lead to unexpected surprises when going through the paperwork. You are going to need a Tulsa bankruptcy lawyer that takes this as serious as you do. The lawyers at the Oklahoma Litigation Group are experienced in handling chapter 7 bankruptcies, and can help you through the process.
Filing Chapter 7 Bankruptcy
When you file a chapter 7 bankruptcy in Oklahoma, you will have the opportunity to discharge a lot of your debts. There are some debts that are protected from bankruptcy such as child support payments and student loans. However, things like credit cards, medical debts, and loans can be discharged. You will need to talk to an expert attorney at the Oklahoma Litigation Group to find out which debts you will be able to discharge.
What You Can Keep In A Bankruptcy
There is a myth that if you file bankruptcy, you will lose everything. This is not true. You will not be put out on the street, left without a vehicle, and forfeit all your sentimental belongings. You may keep your home, a vehicle, and some other assets. As long as these assets are not excessive in their amount of debt. Just because you file for bankruptcy, does not mean that you will lose everything.
Bankruptcy Is Not The End, And You Didn’t Lose
The majority of people who file for bankruptcy do so because of medical bills stacking up. No one plans to file for bankruptcy anymore than they plan to get sick. We do not have control of sudden health issues. Sometimes it just happens. However, is is not the end of the road for you. This may actually be something that gets you back on track to a normal life. Contact a Tulsa bankruptcy lawyer at the Oklahoma Litigation Group to see if filing Chapter 7 bankruptcy is right for you.