Filing for a Fresh Start
Are you struggling with debt that you just can’t seem to overcome? Maybe you have too many maxed-out credit cards, or you get daily collection calls from impatient creditors. Debt is a difficult thing to live with, but it’s also difficult to get out of. Luckily, there are ways out. One way is by filing for bankruptcy. It may not be your first approach, but it can be your last. For more information about bankruptcy and how it can help you, contact the skilled bankruptcy attorneys at Wirth Law Office – Nowata. They’ve dealt with numerous bankruptcy cases. They understand how the law works, and how to make bankruptcy work for you.
Silencing Debt Collectors
Are you tired of fielding countless calls from pesky, obnoxious debt collectors? Does your heart sink when your phone rings? Are you afraid they’ll show up at your doorstep? Filing for Chapter 7 bankruptcy in Oklahoma stops these calls. You can have the peace of mind to work through your financial troubles without the painful drone of debt collectors. The Nowata bankruptcy attorneys at Wirth Law Office can help you achieve this by walking you through the process of filing for Chapter 7 bankruptcy.
Are you losing part of your paycheck to income garnishments? Do you avoid putting money in your bank account because you’re afraid of losing it to garnishments? Talk to a Nowata bankruptcy attorney at Wirth Law Office about filing for Chapter 7 bankruptcy. Filing may halt garnishments. Take control of your finances and get to a better place. Wirth Law Office Nowata’s bankruptcy attorneys will inform you of your options and stand up for you.
Experiencing the Benefits
- Keeping your home as long as you stay current on payments
- Keeping your vehicle as long as you stay current on payments
- Immediate protection against wage garnishment
- Eliminating your debts (medical bills, credit cards, business debts, repossession and foreclosure deficiencies)
- Restructuring your budget to pay the debts not covered by Chapter 7 (back taxes, student loans, child support, alimony)
Qualifying for Chapter 7 Bankruptcy
Chapter 7 bankruptcy might be just what you need to get out of debt and get a fresh start. However, not everyone qualifies. Back in 2005, Congress passed the Bankruptcy Abuse Protection and Consumer Protection Act. Because of that, Oklahoma bankruptcy courts must take an in-depth look at your income and your ability to repay debts.
To be eligible to file for Chapter 7 bankruptcy in Oklahoma, your income must be less than the state’s median per household size. For a single-person household, that is currently $48,528. For a two-person household, it’s $63,012. It’s $67,362 for a three-person household and $78,458 for a four-person household.
Even if you don’t qualify for Chapter 7 bankruptcy, you can still file for Chapter 13 bankruptcy. In Nowata, you might still qualify for Chapter 7 or Chapter 13 bankruptcy even if you have a misdemeanor or felony on your record.
Filing for Chapter 7 Bankruptcy
If you’ve come to the point where you are seriously considering bankruptcy, you’ll want to know what’s involved in filing. Even if you’re just exploring your options, it’s important to understand the process. The seasoned Nowata bankruptcy attorneys at Wirth Law Office know all there is to know, and they can share that knowledge with you. If you’ve filed for bankruptcy before, you should know that there is an 8-year waiting period before you can file again.
If you meet all the qualifications for filing, you can move forward with the process. You’ll be required to take debtor education sessions and a course in credit counseling. These will help you in securing your financial future.
Another thing to consider is the amount of time it takes to file for Chapter 7 bankruptcy in Oklahoma. On average, it takes 3-4 months. Even if you qualify, you may not be quite ready to file. If you’d like to look at other options, contact the Nowata bankruptcy attorneys at Wirth Law Office. They can tell you about bankruptcy alternatives and help you choose the best option for you. Some alternatives include credit counseling, combating illegal debt collection practices, negotiating agreements with creditors, and restructuring your budget.
Free Consultation with a Nowata Chapter 7 Bankruptcy Attorney
Bankruptcy is not something you want to go through alone. For strong, reliable legal support, contact the Nowata bankruptcy lawyers at Wirth Law Office. They can guide you through the process, from beginning to end. If you’re not ready to file, they can help you understand your options. For a free consultation, call (918) 932-2872 or fill out the form at the top of this page.