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  • American Board Certified
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Tulsa Bankruptcy Attorneys

We Are Ready to Help

When situations beyond your control put you and your family in dire financial straits, bankruptcy might be the right choice. If you are considering bankruptcy, the firm you choose to work with can make all the difference in the outcome of your case. Not all attorneys are bankruptcy attorneys and not all "bankruptcy attorneys" have a comprehensive understanding of Oklahoma bankruptcy laws. You need a Tulsa bankruptcy lawyer on your side who understands your problems and will work hard to solve them.

Whether you qualify for liquidation and discharge of most debts or choose to reorganize your debt into a comfortable repayment plan, our team can provide you with the facts and legal options you need to be aware of. With our help, you can make sound decisions about your future.

Get started with a free consultation – call The Colpitts Law Firm at (918) 302-2662.

Your Dedicated Advocates

Meet The Colpitts Law Firm

About The Colpitts Law Firm

Helping Good People Out of Bad Situations

Our firm’s founder, Attorney Greggory T. Colpitts, is a board-certified consumer bankruptcy lawyer in Tulsa — one of very few in our state — who is ready to show you how Chapter 7 and Chapter 13 bankruptcy protections can give you and your loved ones the fresh start you deserve. With decades of combined experience, we are passionate about helping people like you overcome financial hardships and fight back against the debt that is holding them back. Over the years, our firm has been instrumental in the filings of more than 1,000 bankruptcies – we can be your source of strength through this difficult process.

Client Testimonials

  • “I will recommend him to anyone that I know that needs help and that does not want to be judged.”

    Scott

  • “I hope that I don't need Mr. Colpitts services again but if I do he will be the one to call.”

    Robin

  • “They took great care of me when I needed it most.”

    Sarah

Contact Our Firm Today

How to Reach Us 918.302.2662 6506 South Lewis Avenue, Suite 175
Tulsa, OK 74136 Map & Directions [+]
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Frequently Asked Questions

  • Who can file bankruptcy?
    Individuals, married couples, and businesses can file. You cannot file a Chapter 7 if you filed for bankruptcy in the past eight years. You will also have to pass a means test to see if you qualify for a Chapter 7.
  • What is the difference between Chapter 7 and Chapter 13?

    A Chapter 7 bankruptcy enables you to discharge unsecured debts such as most credit card debts and medical bills as well as any unsecured loans. In some limited cases, you can discharge past taxes. You will be able to keep property that is exempt such as household furniture, clothing, and most retirement funds. Oklahoma also has an unlimited homestead exemption. For other items like automobiles, you can keep one car with equity up to $7,500.00.

    A Chapter 13 is a reorganization in which you and your attorney come up with a plan that must be approved by the trustee to pay back your creditors within five years. You can keep all of your property but you must have a steady income that is sufficient to pay your creditors and to satisfy the trustee.

    In a Chapter 13, you make one monthly payment to the trustee who pays your creditors in order of priority with unsecured creditors at the bottom. At the conclusion of the repayment period, which is 36 or 60 months, any unpaid debt owed to unsecured creditors may be discharged.

    Our Tulsa bankruptcy lawyers can advise you on whether filing for bankruptcy is in your best interests and which chapter to file under.

  • What happens to my credit?

    A bankruptcy will stay on your credit record for 10 years but there are numerous ways you can rebuild your credit to obtain car and home loans on excellent terms after only two years or so. Your attorney can give you some reassuring news about how to build up your credit.