Oklahoma Bankruptcy HelpWhen Do You Need a Bankruptcy Attorney for Chapter 7?
Filing Chapter 7 bankruptcy in Tulsa, Oklahoma is not an easy task even for people who are otherwise intelligent and successful in life. That is because the U.S. Bankruptcy Court requires lengthy documents to be completed in an accurate and thorough manner. Mistakes can lead to the denial of a request for bankruptcy relief; in rare cases it’s even possible for someone to end up in prison for bankruptcy fraud. This article will answer the question of, “When do you need a bankruptcy attorney for Chapter 7?”
The Benefits of a Bankruptcy Attorney for Chapter 7
If you choose to file bankruptcy alone, understand that the staff of the U.S. Bankruptcy Court is legally tied from helping you with your paperwork. The court does not recommend filing without an attorney and warns that court staff — including judges — cannot answer questions aside from non-legal issues such as the cost of photocopies.
Your bankruptcy attorney for Chapter 7 in Tulsa can advise you on the following issues:
- Whether you are eligible to file Chapter 7 or Chapter 13 bankruptcy in Oklahoma, or if you can even file bankruptcy at all.
- What personal property you can keep despite your bankruptcy status (e.g., house, land, vehicle, jewelry, stocks, retirement accounts, and the like).
- How many credit counseling sessions and court hearings you must attend as part of the bankruptcy process.
- What debts are eligible for bankruptcy (not all debts can be included in your Chapter 7 or Chapter 13 petition).
- What to do about tax and student loan debts (most are ineligible for bankruptcy in Tulsa).
- When to stop paying creditors.
- How to avoid or mitigate the loss of your vehicle or home.
Your attorney will also fill out the required forms completely and accurately as well as explain courtroom procedures to you. He or she will be by your side at any and all required hearings.
The Costs
It is impossible to estimate the costs of hiring a bankruptcy attorney for Chapter 7 in this article. Financial Freedom Bankruptcy Lawyers of Tulsa strive to keep the process as affordable as possible. All fees and costs will be outlined in your free initial bankruptcy consultation and spelled out in a retainer agreement.
Some cases are simple and require only the traditional paperwork and a couple of hearings. Others require the attorney to attempt to save a home from foreclosure and an auto from repossession. Also, cases involving marriage or divorce can be more complicated.
How We Can Help You
Your Tulsa bankruptcy attorney can help you understand the process and what debts you will likely be required to pay, which debts are secured with collateral, and what property is exempt.
Because we have worked with so many clients, we know how to do the filings right and how to make the process efficient. Our goal is to make affordable debt relief in Tulsa available to anyone who needs to get out from under debt and back on top of their financial life.
Get out from under by calling for the help you need today. We are here to help.
Free Bankruptcy Planning: Tulsa Bankruptcy Lawyer
To get the best possible outcome in your case, you will need to set expectations for yourself and also understand your attorney’s expectations of you.
To receive your free initial bankruptcy analysis, call Financial Freedom Bankruptcy Lawyers of Tulsa today at 918-786-9600.
