Partner With a Compassionate Bankruptcy Attorney in Tulsa, OK and Find Your Way to a Fresh Start
Are you overwhelmed by debt and unable to keep up with your payments? Are creditors and collection agencies constantly calling and sending you letters? Are you facing legal actions for your debts, such as wage garnishment? While these situations can leave you feeling hopeless, there are legal solutions that can allow you a fresh start. Bankruptcy is a legal process that allows you to address your debts under the protection of the court. A bankruptcy attorney at Garrett Law can help you explore your options for relief and assist you throughout the bankruptcy process.
The Most Common Types of Consumer Bankruptcy
In a Chapter 7 bankruptcy, a trustee will liquify the debtor’s non-exempt assets in order to pay off some or all of their debt. Remaining debt after liquidation is discharged. State and federal exemptions allow most debtors to keep essential property such as their home, vehicle, and personal belongings. In most Chapter 7 cases, the debtor has no valuable non-exempt property and therefor receives a discharge without losing any of their assets. A Chapter 7 bankruptcy attorney at our firm can help you determine your eligibility, file exemptions, and get through your case with ease.
Chapter 13:
In a Chapter 13 bankruptcy case, the debtor must propose a repayment plan that lasts 3-5 years. Remaining debt at the end of the plan is typically discharged. They will have to disclose their debts as well as their income and monthly living expenses. A Chapter 13 bankruptcy attorney at our firm can help you create a plan that is likely to be accepted by your creditors and the court, and represent you throughout the process.
Consult With a Bankruptcy Attorney Today
For over 100 years, the Garrett family has been helping the people of Oklahoma find solutions to their legal issues as well as their financial problems. Especially in the current economy, hard-working individuals and families can find themselves under a mountain of debt or unpaid bills despite their best efforts to stay ahead. An unexpected illness or job loss or the death of a loved one is all it takes for years of careful planning to come crashing down.
These problems rarely get better without some kind of plan to fix them, and they almost always get worse. There are steps you can take towards a brighter tomorrow. Our Tulsa bankruptcy attorneys have assisted countless citizens throughout Oklahoma find affordable debt relief through the bankruptcy process while providing effective financial planning to ensure a better future.
Start with a free consultation today and discuss your case with an experienced bankruptcy attorney. Either call (888) 658-8892 or fill out our online contact form and we will respond to your request as soon as possible.
