Discharging Your Debt in Oklahoma
Retain an Insightful Oklahoma City Bankruptcy Lawyer
Whether you are planning to file for
Chapter 7 or
Chapter 13 bankruptcy, you may be able to discharge a large portion of your debts. Under federal
law, consumers that
file for bankruptcy protection can be released from certain debt obligations through the discharge
process. This means the creditors tied to that debt can no longer take
any action to collect from the debtor.
Chapter 7 typically provides more opportunity for a discharge of debts,
while Chapter 13 is more focused on repaying creditors in a more manageable
way. Both include many types of debts that can be discharged, allowing
the debtor to move forward with the fear of creditor harassment or collection
actions. When you meet with us to discuss your financial situation, we
will make sure that you pursue the right option for your case. Our goal
is to help you discharge as much debt as possible through your filing.
Don't live with debt any longer!
Call now to learn more about discharging your debts.
What can be discharged in bankruptcy?
Bankruptcy was designed to help consumers eliminate debts that they can
no longer manager, getting them back on their feet again. While there
are certain debts that cannot be discharged in bankruptcy, such as child
support, restitution, and alimony, it can still provide significant relief
for consumers. Many times, you can work with a lawyer to get more than
When filing for bankruptcy, you can discharge the following types of debt:
- Unsecured loans
- Older tax debt and penalties
- Medical expenses and bills
- Credit card debt
- Business debts
- Past due rent and utility bills
It is important to keep in mind that some discharges are specific to your
financial situation and the chapter of bankruptcy that you file under.
For example, you may not be able to discharge the same types of debts
if you file for Chapter 13 bankruptcy instead of Chapter 7. This is why
you should retain counsel from a knowledgeable
Oklahoma City bankruptcy lawyer from our firm who can review the details of your case and ensure you are
filing under the best possible chapter.
Ready to eliminate your debt? Fill out a free case evaluation!
Many people do not realize how much of their debt can be discharged in
the bankruptcy process. Not only that, but they can often exempt much
more of their property than they expected. When you call on Alexander
Hilton & Associates, we will help you determine what debts can be
discharged and what property can be protected through exemptions, maximizing
Reach out to our firm today to discuss how discharging your debts can help
create the financial freedom you deserve! Get started now by
filling out a free case evaluation to set up a consultation with our firm.