The difference between secured and unsecured debts in Oklahoma bankruptcy is important. One of the most frustrating things about bankruptcy for clients is the use of terminology that they’re unfamiliar with. One of the most frequent questions we get is whats the difference between Secured and Unsecured Debts in Oklahoma Bankruptcy. As part of that question people also ask why does it matter anyway? Secured…
Reopening Your Oklahoma Bankruptcy Case
Reopening Your Oklahoma Bankruptcy Case requires what the Court calls good cause. One of the concerns we hear from clients is “what if something happens after the case is over? Can my case be reopened?” As a general rule, no, once discharged and closed, a bankruptcy is final. For instance, a court will not reopen a case to add a creditor to the case…
Insurance Settlement Money in Bankruptcy
Insurance Settlement Money in Bankruptcy is yours to keep. Insurance is often a tricky subject for people considering bankruptcy? They want to know what will happen if they are in an accident, or receive life insurance money. The answer is first dependent on when the accident occurs, and then where the debtor lives. Insurance From a Personal Injury: The first question to ask is…