Things are continuing to look gloomy during the worst financial crisis since The Great Depression. We just found out last week that unemployment topped 10.2%, the first time since the early 1980s. With Christmas and Hanukkah coming soon, more people will be using their credit cards to bring some sense of comfort and joy. That’s [...]
A blog about legal issues facing Oklahomans
Category Archives: Bankruptcy & Credit-related Lawsuits
New Service – Immigration
We are pleased to announce that we’ve added immigration issues as a new legal service. Our firm’s attorneys are members of the American Immigration Lawyers Association, and have added their resources to help provide you the best service possible.
At this time we are handling immigration issues dealing with naturalization & citizenship, businesses, students, asylum/protection, and [...]
Bankruptcy Planning
Well, the time has finally come. You’re so far in debt, and you’ve been trying to pay creditors, but you just can’t seem to get anywhere (and if you’re not convinced yet, read this). In fact, it seems as though you’re falling further behind and struggling even more. What you need is some debt relief! [...]
Danger, Danger!
I‘m a moderately cautious person. I don’t easily fall for too many tactics that involve "get rich quick" or "save you lots of money" schemes. Maybe it’s my cynical nature, or because of my youthful naivety (ask me about the car I paid full price for at age 22), that gets my "danger sensors" flaring.
That’s [...]
Over My Dead Body!!
There’s an interesting article over at this blog (here’s a page from The New York Times) discussing whether creditors have a right ask for payments on debts owed by a deceased relative. The general consensus is, and should be, no. The exception is if a spouse or other person co-signs (guarantees) a loan or debt, [...]
Qualifying for Bankruptcy
The 2005 Amendments to the Bankruptcy Code changed a lot about the way bankruptcy is practiced today. I know several lawyers who stopped doing bankruptcies because of the code. The Code arguably makes it more difficult for consumers to seek the relief they’re after, while protecting creditors with special provisions.
If you’re thinking about bankruptcy, here’s [...]
Bankruptcy Exemptions
I love Oklahoma’s favorable bankruptcy protections. Generally, you’re not going to have too much money remaining when you file bankruptcy. In most instances, chapter 7 filers have too much debt, and too little income, that’s why they’re not paying their bills. Chapter 7 is the "liquidation" chapter, meaning you can get rid of all your [...]
