Bankruptcy law is a good thing and need not be viewed in any other way. It provides a balanced solution for both the debtor and the creditor. There are two main types of bankruptcy. We have Chapter 7 and Chapter 13 or simply the liquidation method and the debt adjustment method, respectively. Your bankruptcy lawyer Norman, OK is sure to help you make the right choice.
Bankruptcy Petitions
A bankruptcy lawyer will help you with putting together data for bankruptcy court petition. There are probably a lot of documents you have to go through and list down. In emotional times like these, most customers are not at the top of their organizational game. Bankruptcy can be an energy-sapping and emotional-draining exercise. To get through it successfully, you need all the help you can get from a bankruptcy Lawyer Norman, OK.
Consultation
You are where you are because something didn’t work out as you expected. Maybe you lost your job position and haven’t found a new one, maybe it is your health, maybe your business has been making huge losses lately and you have exhausted most of the financial assistance avenues you had. Or it could be any other reason. It really doesn’t matter how you have found yourself in the position you are. The fact is that creditors will swarm your way, sooner than later.
Other Motions
You need a bankruptcy lawyer Norman, OK to help in filing other motions. If handled carefully, this exercise will give you, the bankruptcy filer, some reprieve. One thing the redemption motion seeks is to lower your payment on your loans to a manageable level. Reaffirmation motions could be the key to saving your precious house or automobile. Motions filed by your bankruptcy lawyer would counter dismissal claims from creditors and would also defend your right to automatic stay.
Many people have gone through what you are going through now. It is possible to restore your credit worthiness. A bankruptcy lawyer Norman, OK will give you good counsel on way back to financial glory.
