Are you a resident of Oklahoma and wondering how to manage your debts? You might have tried making repayments, but the interest has become unmanageable, and you’re looking for a solution. Have you ever wondered, “How do you file for bankruptcy?” The process might seem daunting, but if you can’t keep on top of your […]
What is Bankruptcy? A Simple Guide for Consumers
If you’re looking at filing for bankruptcy, chances are you’re already pretty stressed out right now. Remember, you’re not by any means alone or the only person struggling. An estimated 530,000 families in America file for bankruptcy each year due to things like overwhelming bills or medical problems. We made our guide to walk you through […]
How to Find a Bankruptcy Lawyer
Did you know that you can find a reputable bankruptcy attorney within minutes? Bankruptcy is something that many people have to go through, but most are unaware of how to choose an attorney. While finding an attorney doesn’t take long, you need to know what to look for so that you can get an attorney […]
What is the Chapter 7 Means Test in Oklahoma?
The Chapter 7 Means Test If you are considering bankruptcy, you may be asking yourself, what is the Chapter 7 means test? In short, it is a financial test to determine if a consumer debtor may file Chapter 7 bankruptcy. Here is how it works: Does the Test Apply? First, only debtors with “primarily consumer debts” must […]
What is the 341 Meeting in Bankruptcy?
Approximately 1 month after your Chapter 7 bankruptcy is filed, you and your attorney will attend a 341 Meeting at the Bankruptcy Court. So, what is the 341 Meeting? It is conducted by your bankruptcy trustee in a meeting room at the Bankruptcy Court. There are generally 6-7 cases on each 1/2 hour docket. You will […]