With many people handling their own divorces or criminal matters, you might be curious about whether you can represent yourself in a bankruptcy. Although the courts do not prohibit people from representing themselves, it is usually a poor idea just the same. Read on for more information about why you should hire a lawyer to […]

Will Filing for Bankruptcy Crush My Credit Score? Very possibly—although it depends on how high your score is before you file. For many consumers, bankruptcy comes only after years of missed payments, defaults, and accounts sold to collections. Their scores are already in tatters by the time they finally get the courage to file for […]

Are you thinking about filing for Chapter 7 or Chapter 13 bankruptcy in Oklahoma? There are certain types of debt that are “nondischargeable” under the U.S. Bankruptcy Code, or that are known as “exceptions to discharge.” Generally speaking, most consumer debt is eligible for discharge in a Chapter 7 or Chapter 13 bankruptcy, but there […]

If you have a significant amount of income tax debt, you may be wondering if personal bankruptcy can help you. People often refer to tax debt as a type of debt that is entirely nondischargeable in an Oklahoma bankruptcy, but this is not always the case. Depending upon the amount of time that has passed […]

What steps are mortgage servicers required to take when they learn that a borrower has filed for Chapter 7 bankruptcy or Chapter 13 bankruptcy? According to a recent article in HousingWire, the Consumer Financial Protection Bureau (CFPB) has plans to finalize a rule concerning mortgage servicers and borrowers in bankruptcy, which is previously issued in […]

Have you heard of consumers filing for Chapter 20 bankruptcy? There is no such thing as this chapter of consumer bankruptcy under the U.S. Bankruptcy Code, yet consumers in Oklahoma sometimes talk about filing for Chapter 20 bankruptcy. What is Chapter 20 bankruptcy, and could it be the right choice for you? Filing for Chapter […]

As many Oklahoma residents who are struggling with student debt know, it can be extremely difficult to have student loan debt discharged through Chapter 7 bankruptcy. In recent years, consumer protection groups have been advocating for a change to the bankruptcy rules so that student loans can become eligible for discharge through personal bankruptcy. According […]

When you file for bankruptcy in Oklahoma as a consumer, you must typically decide whether to file for Chapter 13 or Chapter 7 bankruptcy. In some situations when a consumer’s debt loan is too high, that consumer may only have the option of filing for Chapter 11 bankruptcy. But what happens if you choose to […]

Consumer bankruptcy can be a solution for adults of any age in Oklahoma who are struggling to pay credit card bills and other debts. At the same time, a recent article in Forbes suggests that there are more, older Americans are filing for personal bankruptcy at rising rates, suggesting that there is a need to […]

If you are thinking about filing for consumer bankruptcy in Oklahoma, you might be wondering how much it costs. News reports, such as an article in U.S. News & World Report, indicate that debtors can sometimes be too poor to file for bankruptcy. In other words, they cannot afford the filing fees associated with personal […]