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When Bad Things Happen to Good People ...

Bankruptcy May Be Your Option

Dispelling personal bankruptcy myths in Oklahoma

Many in Oklahoma carefully plan for the future. They work hard to bring home a paycheck every week and save for retirement. Unfortunately, despite their efforts, they may find themselves without a job or requiring extensive medical treatment. Both scenarios can put a serious strain on a person's finances, a strain that is sometime difficult from which to recover. The Colpitts Law Firm can help those facing such struggles understand their options, including personal bankruptcy, helping them learn the truth about certain myths associated with such legal action.

Greggory T. Colpitts has over 22 years of experience helping people manage their overwhelming debt. In those years, he has successfully helped his clients file for bankruptcy protection over 1,000 times. Unfortunately, some people may be deterred from seeking federal protection because of certain myths associated with the process.

Many people are concerned about the impact that filing will have on their credit rating. While their credit rating will be impacted, bankruptcy does not have a lasting impact. Additionally, people seeking such protection often mistakenly believe that they will lose all their assets. Bankruptcy has proven to be an appropriate tool to help those struggling with credit card and medical debt.

Our attorney can help people in Oklahoma who may be considering personal bankruptcy better understand the options available to them and the true impact of seeking such protections. His assistance often provides hope for a brighter future. An initial consultation can help dispel certain  myths and be a step toward managing overwhelming debt.

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