Will My Employer Find Out? Will I Be Discriminated Against After Bankruptcy?

Your employer generally has no way of knowing that you have filed a Chapter 7 bankruptcy proceeding. The bankruptcy court will not contact your employer, nor will your attorney. Usually the only way that your employer may know that you filed bankruptcy is if your employer is also a creditor, or if your employer has received a garnishment on your … Read More

Dealing with Creditors, Credit and Garnishments

Can I Stop Creditors From Harassing Me? When a person gets behind in his or her bills, creditors take various actions to collect. Creditors may call home, or work, family, friends, fellow employees or even your employer. Co-signors and guarantors may be called upon to make payments. Mortgage holders and other creditors may initiate a foreclosure on your home or … Read More

Can Bankruptcy Help Me Get My Driver’s License Back?

A driver’s license may be suspended if accidents or fines are not paid for. It can also be suspended because of damages from unintentional accidents and accidents caused by drunk drivers. Accidents caused by drunk drivers are usually not dischargeable in Chapter 7 bankruptcy, but other damages usually are. If your drivers license was suspended for failure to pay damages resulting … Read More

Basic Oklahoma Bankruptcy Advice

You can only file a Chapter 7 every 8 years plus 1 day from the previous filing. There are some time limits and restrictions on refiling a bankruptcy after a previous bankruptcy has been dismissed. If you are going to reaffirm and keep property with a mortgage or lien on it, unless we tell you otherwise, you must continue to … Read More

Can I Eliminate Tax Debt Through Bankruptcy?

Our tax website has more information on this topic, but here are some basics you’ll want to know if you do have tax debt. The basic rule is that income tax debt over three years old can usually be discharged in a Chapter 7. You can also use the bankruptcy laws to force the IRS or the Oklahoma Tax Commission … Read More

What Debts Can’t Be Eliminated In Bankruptcy?

Although the type of debts which can be eliminated in Chapter 7 and Chapter 13 are quite different, certain debts cannot be discharged in either proceeding – for example, debts such as child support, support alimony, property settlements, criminal fines/restitution, and damages arising from drunk driving. However, you may be able to repay obligations of these types in a Chapter … Read More

Should I Dispose of or Liquidate my Possessions Before I File?

If you give, sell or transfer an asset to someone within one year before filing for bankruptcy the trustee can reverse that transfer and deem it fraudulent if it was made for less than fair market value of the asset. For example, if you give away a piece of valuable non-exempt property to a family member within one year before filing … Read More

Court Appearances: Do I Have to Go To Court?

Everyone who files for bankruptcy has to attend a brief, informal meeting held in a hearing room, called the Meeting of Creditors. More information on this meeting is below. Before the meeting takes place, we will have told you all standard questions asked by the trustee. Our Attorney will attend this meeting with you. Meetings are run by the bankruptcy … Read More

General Federal Bankruptcy Information Sheet

HAPPENS IN A BANKRUPTCY CASE. THE INFORMATION HERE IS NOT COMPLETE. WHEN YOU FILE BANKRUPTCY: You can choose the kind of bankruptcy that best meets your needs: Chapter 7 – A trustee is appointed to take over your non-exempt property. Any non-exempt property of value will be sold or … Read More

Will I Lose My Home or Property If I File Bankruptcy?

Just because you have filed bankruptcy does not mean that you lose your assets or possessions. The purpose of bankruptcy law is to give you a fresh start. In order to do that, there are exemption laws which allow you to protect and keep certain assets. In over 95% of the bankruptcies handled by Legacy Law Center, our clients do not … Read More