Bankruptcy-Chapter 7 and Chapter 13
There’s nothing more unpleasant than getting hit with a barrage of angry letters or non-stop calls from collection agencies and credit card companies. If you’ve lost your job or other circumstances have created mounting bills you can’t hope to pay, declaring bankruptcy may be a necessary step on the road to financial recovery. At the Oklahoma City law office of Christopher A. Wood, we’ll assess your financial situation and identify the legal options available to you – and put an end to harassing calls.
Get the information you need to protect your future and start over again – contact Oklahoma City Chapter 7 Bankruptcy lawyer Christopher A. Wood today. Whether you live in Moore, Edmond, Warr Acres, Yukon, or Woodlawn Park, we can help you get the debt relief you need to take control again. Discreet and confidential, we provide free consultations to answer any questions you might have regarding Chapter 7 or Chapter 13 Bankruptcy.
What is Chapter 7 Bankruptcy?
In essence, Chapter 7 allows individuals to erase their debt and get a “fresh start.” Debt related to credit cards, certain kinds of loans, as well as unsecured bills, will be eliminated. However, debts related to taxes, child support or alimony, as well as student loans, cannot be wiped out by filing for Chapter 7 bankruptcy. And, while it is possible to keep your home and car after filing for Chapter 7, should you choose to do so you will be required to continue making payments on them.
Understanding What Declaring Bankruptcy Means
Since bankruptcy laws have changed, it is now more important than ever that those filing for bankruptcy fully understand the expectations and legal obligations placed on them. Not only must you meet a certain income requirement but how your debt is restructured and relieved has changed as well. As your lawyer, Christopher A. Wood makes sure you understand what you face financially and what you can expect as a result of declaring bankruptcy.
Put an End to the Worry and Harassment Today
Once you hire Christopher A. Wood as your lawyer, our office immediately contacts your creditors and informs them that any communication between them and you must come through our office. Not only will we put an end to harassing phone calls and stern letters but protect your rights as well.
Whether you live in Oklahoma County, Logan County, Cleveland County, Grady County, or El Reno County, we can help you take control again. Contact Oklahoma City Chapter 7 Bankruptcy lawyer Christopher A. Wood today to schedule your free consultation.
Chapter 13 Bankruptcy
Taking control of spiraling debt may require a reorganization of your loans and financial commitments. At the Oklahoma City law office of Christopher A. Wood, we’ve helped hundreds of people avoid foreclosure on their home by filing for Chapter 13 bankruptcy. With over 17 yeas of legal experience, Christopher A. Wood works closely with clients to restructure debt, stop harassment from creditors and bill collectors, and ensure client compliance with the terms of their debt relief.
For more information regarding the options available to you, contact Oklahoma City Bankruptcy lawyer Christopher A. Wood today. We can help you file in Oklahoma County, Logan County, Cleveland County, Grady County, or El Reno County. To learn more about what we can do for you, schedule a free consultation with our office today – we’ll get you started back on the road to financial recovery.
Understanding Chapter 13 Bankruptcy
Chapter 13 bankruptcy is a restructuring of a person’s debt instead of an elimination of it (as in Chapter 7). In order to be eligible you must have a steady income from work, as well as additional disposable income. Chapter 13 allows a person to keep their home, car, or other kinds of property by reorganizing the debt owed on them according to a payment plan scheduled over a 3 to 5 year period. Chapter 13 can be used to not only avoid foreclosure on a home but to pay back taxes and any missed payments on a car or home loan.
You’re Not Alone – Our Commitment to our Clients
Once you’ve filed for Chapter 13, it’s essential that you meet your obligations in order to avoid certain kinds of penalties and difficulties. As your lawyer, Christopher A. Wood provides you with the kind of guidance and assistance you need to get back on your financial feet again – without losing your car or house as a result.
After we file for you, we’ll continue to provide guidance and advice should the need arise. Bankruptcy provides people with a second chance – it’s important to take advantage of it and avoid making the same mistakes twice.
Contact Christopher A. Wood Today
Put an end to the worries and sleepless nights – contact Oklahoma bankruptcy lawyer Christopher A. Wood today. Representing clients in Moore, Edmond, Midwest City, El Reno, Yukon, Warr Acres, and Del City, we provide free consultations and flexible office hours for our clients.