Specifics for Exemptions
To retain non-exempt property, you normally have to pay the trustee the valued amount of the property for the proceeds to be used in resolving your debt. If a married couple is filing for joint bankruptcy, each spouse is allowed to use the same exemptions. Our team has a comprehensive understanding of all Oklahoma property exemptions in bankruptcy filings. We make it a priority to protect your assets and maximize the exemptions you are allowed.
Find Clarity with Our Bankruptcy Attorneys
The laws surrounding bankruptcy can be very confusing but do not allow this to paralyze you and prevent you from moving forward. If you are facing the possibility of filing for bankruptcy and you are fearful of losing your property, The Colpitts Law Firm can help. We are happy to help alleviate your fears and set you on the path that will secure your financial future.