Here to Help When Bad Things Happen to Good People

The Colpitts Law Firm Is Highly Experienced & Ready to Assist You

  • Expertise Best Bankruptcy Lawyers in Tulsa
  • American Board Certified
  • OBA
  • Super lawyers
  • NACBA

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 – contact us online or call The Colpitts Law Firm at (918) 302-2662.

Private Student Loans May Now Be
Dischargeable in Bankruptcy!

If you or someone you know owes private student loans, now may be the time to act.

contact us to see if you qualify
Highly Accomplished. Exceedingly Results-Driven. The Colpitts Firm Will Have Your Back

Ready to discuss your case? Reach out to The Colpitts Law Firm and schedule an initial consultation.

How The Colpitts Law Firm Can Help You

Helping Good People Out of Bad Situations

Our firm’s founder, 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 thousands of bankruptcies. We can be your source of strength through this difficult process.

  • Thousands of Bankruptcy Cases Handled
  • American Board Certified
  • Extensive Knowledge of Bankruptcy Law
  • Almost Three Decades of Experience

Rave Reviews from Happy Clients

  • “My husband and I are transplants to Oklahoma from Florida and were so blessed to be referred to Greg and his law office. Not only did he handle our bankruptcy and got it discharged in 6 months, but he ...”

    - The Noles
  • “Bankruptcy certainly isn't a good thing, but if you ever get to that point Colpitts Law is a great firm. Very helpful and will keep you informed through the process.”

    - Joshua
  • “Trustworthy attorney. I retained this law firm after suing my previous attorney. Fast service, and very patient, explained process and details, and answered all my questions and concerns. Definitely ...”

    - Rochelle
  • “Look no further if you are considering chapter 7 or chapter 13. The Colpitts law Firm has the knowledge and experience to help you make the right decision that works best for you and your family. They ...”

    - Gino
  • “If you have to go through a bankruptcy, these are the people that help you.”

    - Marcellus
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Our Practice Areas

We help people with legal matters involving bankruptcy, estate planning, and asset protection.

Contact Our Firm Today

How to Reach Us

All consultations are free and confidential. Reach out to us today to schedule an appointment with an experienced, board certified attorney who can help you with your bankruptcy case.

6506 South Lewis Avenue,
Suite 175
Tulsa, OK 74136
Map & Directions [+]

Contact Us 918-302-2662

Schedule a Consultation

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Frequently Asked Questions

  • Who can file bankruptcy?

    Bankruptcy may be a solid option for individuals, married couples, and business owners. The process will be different for different clients, however, and each Chapter comes with its own requirements. You cannot file a Chapter 7 if you filed for bankruptcy in the past 8 years, for example. You will also have to pass a means test to qualify for Chapter 7. Chapter 13, on the other hand, is generally better for those who can commit to a repayment plan.

  • What is the difference between Chapter 7 and Chapter 13?

    A Chapter 7 bankruptcy enables you to discharge unsecured debts, like some medical bills and credit card debts, and any unsecured loans. In limited cases, some may be able to discharge past taxes. You will keep exempt property, 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. 

    Chapter 13 is a reorganization where you and your attorney come up with a plan that is then approved by a trustee to pay back creditors within five years. You can keep all of your property but you must have a steady income that is sufficient to pay creditors and to satisfy the trustee. During the Chapter 13 process, 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 either 36 or 60 months, any unpaid debt owed to unsecured creditors may be discharged.

  • What happens to my credit?

    While it is true a bankruptcy will stay on your credit record for 10 years, there are numerous ways to rebuild credit and obtain car and home loans on excellent terms after only about two years. Your Tulsa bankruptcy attorney can give you some reassuring news about how to build up your credit.