Tulsa, Oklahoma Chapter 13 Bankruptcy Lawyers
Every individual in need of debt relief counseling or services has different needs. At J. Scott McWilliams, P.C., our attorneys can help you find the best bankruptcy options for you, but new bankruptcy laws will make it more difficult.
Contact our Chapter 7 and Chapter 13 bankruptcy lawyers as soon as possible for experienced and confident legal advice on choosing the option that will work best for you. All you need are records of your last two pay stubs, two years of your tax returns, creditor information, titles to vehicles, deeds to land, and a copy of any lawsuit information, and we can begin to stop foreclosure and creditor harassment.
What is Chapter 13?
Chapter 13 bankruptcy offers debt relief to individuals who do not qualify for Chapter 7 bankruptcy or individuals interested in repaying their debt, but do not want to lose assets they have acquired such as a business interests, homes, cars, etc.
Unlike Chapter 7, Chapter 13 bankruptcy doesn't require the liquidation of a person's assets. Instead, it allows an individual to restructure their debt and to submit a payment plan, consolidating most of their debts, upon approval by the bankruptcy court. According to the terms of the plan, a debtor’s disposable income (any income after reasonable expenses) goes to the creditors for at least 36 months after the beginning of the payment period. Upon completion of the Chapter 13 plan, most leftover debt may be discharged.
There are a number of advantages to Chapter 13 bankruptcy. But the process can be complicated and the advice of an experienced, knowledgeable attorney can help you determine what kind of repayment plan will work for you and protect your best interests throughout the process.
Contact us Today
The Chapter 13 bankruptcy lawyers at J. Scott McWilliams, P.C. can do just that. Contact us today to file your claim before new laws affect your chances at debt relief. We are happy to help individuals throughout Oklahoma, including Tulsa,and the surrounding areas of Broken Arrow, Owasso, Jenks, Bartlesville, Okmulgee, Vinita, Miami, Pryor, and Muskogee.
*Bankruptcy Disclosure Statement*
The Bankruptcy Center of Tulsa
J. Scott McWilliams, P.C.
1612 South Cincinnati
Tulsa, Oklahoma 74119
Phone: (918) 583—8197
Fax: (918) 592-0842