At Convenient Bankruptcy, our dedicated team collaboratively handles each and every case we take on. Through our team-based approach, we strive to efficiently assist every client while upholding the highest standards of quality in our services.

When you engage an Oklahoma chapter 7 bankruptcy attorney from Convenient Bankruptcy, you can expect meticulous preparation of petitions and schedules that comprehensively outline your income, debts, and assets for submission to the bankruptcy court. Upon filing, a bankruptcy trustee will be assigned to oversee your case. The trustee's primary responsibility is to ensure equitable distribution of any available assets to your creditors. However, it's worth noting that most Chapter 7 filers retain possession of their property, thanks to various exemptions that safeguard certain assets from creditor claims.

Chapter 7 bankruptcy presents a viable solution for individuals burdened by overwhelming credit card debt, medical expenses, and other forms of unsecured debt. By filing for Chapter 7, many of these debts can be discharged, relieving you of the legal obligation to repay them.

Alternatively, Chapter 13 bankruptcy, commonly referred to as "reorganization," serves as a strategic tool to halt foreclosures, address tax liabilities, or for individuals who do not meet the eligibility criteria for Chapter 7 due to higher income levels. Unlike Chapter 7, Chapter 13 involves restructuring debts rather than outright elimination. Clients opting for Chapter 13 create a repayment plan that spans several years, allowing them to gradually repay a portion of their debts through manageable monthly installments, often more favorable than what creditors typically demand.