Posts

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Is credit counseling required before filing for bankruptcy in Tulsa, Oklahoma?

If an individual is filing for personal bankruptcy in Tulsa, OK, they are required to obtain credit counseling from a government-approved organization within 180 days before they file their petition, according to the Federal Trade Commission.…
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Tulsa, Oklahoma, Ways to Rebuild Credit After Bankruptcy

 Credit allows individuals to borrow money from banks, lenders, credit card companies, etc. so they have access to funds when they need them. Credit allows individuals to buy cars, homes, and rent property. Establishing good credit and maintaining…
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Can a company in Tulsa, Oklahoma still operate if it files for Chapter 11 bankruptcy?

When a company in Oklahoma files for Chapter 11 bankruptcy, it may continue with its operations, although they may be modified to some extent. Instead of a company having to liquidate, it uses Chapter 11 bankruptcy as a way to reorganize. Companies…
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Initial Steps to Take if You’re Considering Filing for Bankruptcy in Tulsa, OK

For some, bankruptcy wipes away most, if not of all of their debt, providing them with a clean slate to work with. For others, bankruptcy allows for reorganization so that an individual and/or business is able to get a better handle on their…