First Step To Your New Life
For people facing financial trouble, the possibility of resolving intractable financial shortfalls through bankruptcy can seem like a possibly good option yet scary to face. It can seem uncertain and complicated how to proceed. But it does not have to be a difficult process and you don’t have to do it alone. A Stillwater bankruptcy attorney can help you assess whether a bankruptcy filing is right for you and help you get on a path to financial recovery.
Thousands of Oklahoma residents from all walks of life seek protection from creditors from courts through bankruptcy filings every year. When it is handled properly bankruptcy is not a path to poverty but rather a path to debt relief. Your Stillwater attorney can help you find ways to keep what matters most to you and your family. It’s too complicated a process to manage alone. Let us make it as easy as possible for you.
The Right Approach: Chapter 7 or Chapter 13?
Chapter 7 bankruptcy is generally a basic liquidation for individuals or businesses that can result in the discharge of all debts in some circumstances. Under Chapter 7, as long as your are currently up on your payments the court may allow you to keep your residence and vehicles. Chapter 7 can often be the quickest path to resolving debts and moving forward from a financial crisis. Bankruptcy proceedings can be complicated and are not suited to people who would “go it alone” without legal representation. A Stillwater bankruptcy attorney can help you have the best chance to achieve the right outcome in bankruptcy court.
Chapter 13 bankruptcy is a different option for debtors. Under this chapter, people who still have a regular source of income may repay all or part of daunting debts that have been accumulated without a total liquidation of assets. For higher income families, Chapter 13 bankruptcy is often the only option available. Monthly payment plans typically range from from 36 to 60 months. Are you not sure you are in what the courts consider a higher income bracket or if you qualify for Chapter 13? Don’t worry. A Stillwater bankruptcy attorney from Wirth Law Office in Stillwater can help you figure out precisely the best approach for your individual situation.
Free Consultation: Stillwater Bankruptcy Attorney
A Stillwater attorney who can assess your legal matters is just a phone call away. Your first phone consult is always free at Wirth Law Office in Stillwater: (405) 673-1600.
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An assistant can direct you to a Stillwater attorney or an attorney in another location as needed by dialing toll-free: (888) Wirth-Law (888-947-8452). Try Wirth Law Office first to save time and be connected with the best lawyer to handle your matter.