When you are filing bankruptcy in the Oklahoma City area contact Mary A. Travis, Attorney at Law. She is ready to help with cases related to change of employment status, medical issues, divorce, and more. Please start by providing a list of your bills, creditors, pay stubs, and income tax returns.
A copy of your car title and payment information for any car you still owe money on will be required as well. Additionally, please provide a legal description of your home, how much you owe on it, and who set up your mortgage.
Chapter 7 and Chapter 13 Bankruptcy Lawyer
When you begin filing for bankruptcy, Mary A. Travis, Attorney at Law, will be at your side every step of the way, as an experienced personal bankruptcy lawyer who will evaluate your situation and determine whether you qualify to file chapter 7 bankruptcy or can take advantage of chapter 13 bankruptcy law.
Chapter 7 is a liquidation or discharge. You'll file Chapter 7 and provide the court with information and debts that are not secured by the property, such as a car or house. Credit cards, medical debt, payday loans, and personal loans will be discharged, and you will not be responsible for them.
Chapter 13 bankruptcy law, on the other hand, is a reorganization process. You'll make a plan to make payments for three to five years to a trustee, who will then pay back part of what you owe to some or all of your creditors. Any unpaid debts at the end of the period will be discharged. If you are behind on a mortgage, Chapter 13 bankruptcy law may be a good choice because it can keep your mortgage current so you can avoid foreclosure.
Please note that qualifying for Chapter 7 bankruptcy is a relatively new process. Specific calculations are required, and it is best to have a bankruptcy lawyer like Mary A. Travis, Attorney at Law, complete these calculations on your behalf.
Contact us for a free strategy session. We serve the greater Oklahoma City area.
We are a debt relief agency. We help people file for relief in the bankruptcy code.