Purcell, Oklahoma Bankruptcy Lawyers
Throughout my career, I have kept those experiences in mind. While I go to trial more often than many lawyers, I also know that sometimes a reasonable solution involves negotiation. By preparing carefully and presenting my client's case, I am often able to achieve alternative resolutions such as treatment and rehabilitation instead of jail time.
Prior to beginning his career in the law, Mr. Sisson attended University of Central Oklahoma, where he earned his undergraduate degree, graduating summa cum laude in 1973. He later attended the University of Oklahoma, where he graduated with a Juris Doctor in...
Norman, OK 73069
University of Oklahoma College of Law
Cindy Allen established her private law practice in 2003 and continues to expand the law firm by providing legal representation for a number of practice areas.
Ms. Allen was named a...
Prior to Sansone Howell, Mr. Sansone served as General Counsel and Corporate Compliance Officer for National Credit Solutions. In addition,...
After graduating from Georgetown, he attended the University of Oklahoma College Of Law. During law school, he enjoyed success as one of the top moot court debators in the country competing in national moot competitions at the University of Chicago School of law and The University...
Bankruptcy Lawyers in Nearby Cities
Bankruptcy Lawyers in Nearby Counties
Bankruptcy law allows debtors, who are unable or partially unable to pay outstanding debts, to rid themselves of these debts and obtain a fresh start. Both federal and state laws can affect a debtor seeking to file for bankruptcy, and an attorney can help you understand how state and federal bankruptcy laws apply to you.
If you are struggling with high debt, receiving calls from creditors or collection agencies, or facing foreclosure, garnishment of wages, or repossession of property, filing for bankruptcy may provide you with solutions.
Bankruptcy lawyers offer legal advice and services during a financial crisis. In total, there are six different types of bankruptcy. For persons seeking debt relief, one option is Chapter 7 bankruptcy, which provides for liquidation of the debtor's non-exempt assets. Another popular option for individuals is Chapter 13, which allows for management and reduction of debt through payment plans. Corporations and partnerships filing for bankruptcy often choose to file under Chapter 11, which provides for supervised reorganization of the business.
Experienced bankruptcy counsel can help you evaluate whether you should pursue a bankruptcy as well as the Chapter under which to file. Bankruptcy lawyers can also help end harassing phone calls from debt collectors and evaluate available legal options when facing a home foreclosure.
Automatic stay: An injunction that automatically stops lawsuits, foreclosures, garnishments, and most collection activity against the debtor the moment a bankruptcy petition is filed.
Unsecured claim: A debt for which credit was extended based solely upon the creditor's assessment of the debtor's future ability to pay, rather than on a special assurance of payment.
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