If you are overburdened by debt that you are incapable of managing, it is advisable that you file for bankruptcy. Bankruptcy is a great way to get a fresh start by clearing all your debts. However, with the complex legal procedures involved when filing for a bankruptcy case, it is imperative you hire the services of a qualified Chapter 13 bankruptcy attorney in Tulsa. A bankruptcy lawyer has proficient knowledge of the bankruptcy law, and will help you choose the right form of bankruptcy to get your plea approved.
Chapter 13 bankruptcy is a debt adjustment bankruptcy, available for individuals who have a source of income. It is specifically meant for the people who are self-employed and for those who operate their own businesses. Corporations and partnerships cannot file for this form of bankruptcy. They can only for Chapter 7 or Chapter 11 bankruptcy.
Reviewing your financial status
First, the lawyer will help you review your financial status. They will go through all the legal and financial documents, and tell you the right way to handle the problem. The lawyer will guide you through your debt repayment options, too.
Filing the case
When you hire the services of a Chapter 13 bankruptcy lawyer, they will help you file a case. The lawyer is aware of the rules and regulations involved when filing for bankruptcy. They will complete all the paperwork and documentation on your behalf. They will also make sure that all the vital documents are forwarded to the right authorities to avoid inconveniences on the day of the hearing.
A competent Chapter 13 bankruptcy lawyer will offer you good representation in court. They will present all your interests strategically before the jury and prove that you qualify for bankruptcy. The lawyer will also answer questions on your behalf, and ensure that your rights are protected.
There are many other roles played by a competent Chapter 13 bankruptcy attorney in Tulsa. Remember to hire the right attorney to enjoy great legal services. For more information about Chapter 13 and services offered by a lawyer, Contact Matthew E. Riggin, PLLC.
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