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Toll Free: 866-647-1770
When Bad Things Happen to Good People ...

Bankruptcy May Be Your Option

Debt relief for those in Oklahoma struggling with debt

Many people in Oklahoma are careful financial planners. They live within their means and perhaps even save money each month in order to comfortably retire in the future. Unfortunately, even those who are careful with their money sometimes find themselves struggling financially. An unexpected job loss or staggering medical bills can quickly change a person's carefully laid plans for the future. Fortunately, The Colpitts Law Firm can help those struggling with debt seek debt relief.

Upon careful consideration of their options, many in Oklahoma decide the best course of action for their individual circumstances is to seek bankruptcy protection. Once that decision is made, they must then determine what type of bankruptcy best meets their needs. Chapter 13 allows a person to restructure their debt into more manageable payments and pay it off over a set period of time. On the other hand, debt is liquidated following a Chapter 7 filing.

There are many advantages to filing for bankruptcy. Because of such filings, wage garnishments are removed and harassing phone calls from debt collectors stop. Many who file feel relief knowing that their home is safe from foreclosure and their vehicles will not be repossessed.

The prospect of filing for bankruptcy, and choosing the most appropriate filing, can often seem overwhelming. Fortunately, Greggory T. Colpitts has over 20 years of experience and is certified by the American Board of Certification in consumer bankruptcy. He can provide the information a debtor needs to take back control over his or her financial situation.  An initial consultation may be the first step to debt relief.

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