Chapter 7

Oklahoma City Chapter 7 Bankruptcy Lawyer

Struggling with Debt in Oklahoma? Call (405) 725-1441 for a Free Consultation Today!

There are few things more overwhelming than struggling to pay debt which your income does not allow you to pay without undue hardship for you or your family. Filing for Chapter 7 offers a fresh start for those who are struggling against unsecured debt from credit card debt, medical bills, and more. After the debts are discharged, you don't have to worry about them anymore.

At Alexander Hilton & Associates, our Chapter 7 bankruptcy attorneys in Oklahoma City will help you and never judge you. Everyone falls on hard times at some point – even the very wealthy. Our team provides personalized support every step of the way and pride themselves on taking the time to sit down with you. It will only take moments for you to see and experience for yourself just how much we truly care for our clients' well-being.

Contact us online or call (405) 725-1441 for a free consultation with an Oklahoma Chapter 7 lawyer at Alexander Hilton & Associates. We are ready for your questions!

What Debts Can Chapter 7 Bankruptcy Discharge in Oklahoma?

Certain debts cannot be discharged through Chapter 7, such as:

Child support
Recent tax debts (less than 3 years old)
Student loans

Chapter 7 can discharge debts such as:

Credit card debts
Medical bills
Personal loans
Repos debt
Broken leases and contracts
Judgment for repossession
Judgments on credit cards and loans

Medical Debt And Chapter 7

Medical debt can be discharged by filing Chapter 7 because it is considered to be a “non-priority unsecured debt”. This means that creditors with stronger claims are prioritized to receive payment than those with weaker claims. After the individual has completed the court’s requirements, the remaining debts, even if they are unpaid, may be discharged or forgiven.

How Does Chapter 7 Work?

On the day your case is filed, the Bankruptcy Court issues the automatic stay order, an injunction which immediately halts any/all creditor collection action or contact with you. This means that creditors must stop calling you. 90 days afterward, a discharge order is issued, making the injunction against collection of any debt permanent. Certain non-exempt assets can be liquidated in Chapter 7. However, most filers keep all of their property.

How to File Bankruptcy - Chapter 7

Oklahoma requires you to complete a credit counseling course before filing for bankruptcy. The least expensive online courses are available at www.summitfe.org.

Chapter 7 Bankruptcy Process

Preform a means test
Document your debts by gathering your bills and files
Make sure you have your tax returns, deeds to your property, and vehicle titles with you.
Detailed tax returns for the past two years, vehicle titles, three months' bank statements, and six months' pay history
Your available property exemptions will be explained and asserted by Alexander Hilton
Your petition, schedules, and all other required documents will be prepared and filed with the Bankruptcy Court by Alexander Hilton, who will represent you in court, guarantee your discharge, and safeguard your rights, dignity, and peace of mind.

What Happens After Filing for Chapter 7?

Automatic Stay provides immediate relief from creditor actions.
A trustee is appointed to oversee the case and review documents.
A Meeting of Creditors takes place where the debtor and trustee attend, and the trustee may ask questions.
Non-exempt assets may be liquidated, but Oklahoma has exemptions to protect certain assets.
If no objections arise, a discharge order is issued within 60-90 days, eliminating personal liability for most debts.
Debtors can start rebuilding their financial life, but Chapter 7 bankruptcy remains on the credit report for ten years.

Related Blogs

How Can I Repair My Credit After Bankruptcy?

Who Can Declare Chapter 7 Bankruptcy?

Individuals who are facing overwhelming debt and are unable to repay their creditors may be eligible to declare Chapter 7 bankruptcy. It is an option available to individuals, married couples, and businesses that meet certain criteria.

Do I Qualify for Bankruptcy Chapter 7?

Not everyone can file for Chapter 7. To file, you must be sure that you pass the means test. This will determine whether or not your income is too high to file. If the your income, measured over the prior 6 months, exceeds the state median income for their household size, you may not pass the means test. However, only an experienced Chapter 7 bankruptcy attorney in Oklahoma City knows how to apply means test deductions, allowances, and exceptions to help you qualify even if your income is over your state’s median.

Other requirements for filing:

Be sure that you have completed a credit counseling course that is approved by the U.S. Trustee’s office 180 days before filing.
You can repay some debt.
You do not have debt discharged from a previous bankruptcy.
You do not have a previous bankruptcy case that was dismissed 180 days ago.
You did not defraud creditors.

If you have enough disposable income to repay your debts, you are required to have a specific amount of income left over, otherwise the bankruptcy court may dismiss your filing. In this case, Chapter 13 bankruptcy may be better.

Related: Documents Required to File Chapter 7 Bankruptcy

Contact An Oklahoma City Chapter 7 Bankruptcy Attorney

If you are located in Oklahoma and considering filing, our Chapter 7 lawyers at Alexander Hilton & Associates can provide you with a free consultation to assess your financial situation and determine if Chapter 7 is the right option for you. With our affordable legal services, client-centered counsel, and over 30 years of experience serving clients in Oklahoma, we are dedicated to helping you achieve debt relief and a fresh start.

Take charge of your financial future. We have the expertise to guide you through the complexities of the process and provide the support you need. Don't navigate bankruptcy alone. Schedule a consultation with a seasoned Chapter 7 lawyer near you and experience the peace of mind that comes with professional legal assistance. Contact us to set up an appointment and explore your options. Start your journey towards a debt-free future now!

Request your free evaluation with an Oklahoma City Chapter 7 bankruptcy lawyer. Call or contact us online.

What’s The Difference Between Chapter 7 And Chapter 13 Bankruptcy?

Chapter 7 and Chapter 13 are two different options available to individuals who are seeking debt relief. The main difference between the two lies in how the debts are handled and the repayment process.

Chapter 7 bankruptcy, also known as "liquidation bankruptcy," involves the sale of non-exempt assets to repay creditors. However, many individuals who file for it are able to keep most, if not all, of their assets due to exemption laws. Chapter 7 is typically suitable for those with a limited income and significant unsecured debts (credit card debt or medical bills, etc.). Chapter 7 also allows for the discharge of eligible debts, allowing people to achieve a fresh new start financially.

On the other hand, Chapter 13, or "reorganization bankruptcy," involves creating a repayment plan to pay off all or a portion of the debt over a specific period of time. This option is typically chosen by those with a steady income who are able to make regular monthly payments. Chapter 13 allows individuals to keep their assets while restructuring their debts and making affordable payments to their creditors.

Related Blogs

What Property Can I Keep in Chapter 7?

Although Chapter 7 bankruptcy cases may involve liquidation of non-exempt assets, most filers are able to keep all of their assets. Exempt assets may not be liquidated.

In Oklahoma, Chapter 7 property exemptions (what you can keep) include:

Vehicles with up to $7500 in equity value per vehicle (2 x $7500 for couples)
100% of the equity in your home
Clothing
Household furnishings
Wedding Jewelry
Tools and equipment needed for work
Pensions and qualified retirement accounts
Personal injury damages
Proceeds from Life Insurance policies
Wages

If you have questions about property exemptions and what you can keep, feel free to contact our attorneys for more information.

What Does Filing Chapter 7 Bankruptcy Involve in Oklahoma?

In order to file for bankruptcy, you must prepare a voluntary petition and in-depth schedules of your assets, liabilities, income, and expenses. Along with proof of income and copies of your tax returns, you must also confirm participation in credit counseling prior to filing, as required by law.

If you have filed your petition electronically with the help of your lawyer, an automatic stay will be triggered. You are protected from future collection attempts and the threat of repossession or foreclosure on your home or other property by this temporary order.
You and your bankruptcy lawyer will attend the meeting of creditors between 20 and 40 days after you file your petition. Answer questions to demonstrate that you are aware of the potential consequences of filing for Chapter 7 bankruptcy. Additional information about your finances may also be requested.
Following the meeting of creditors, you should receive your discharge from debt within 90 days if no objections are raised to your petition or schedules. You are released from personal liability for most of your debts when you receive a Chapter 7 discharge, and creditors are prohibited from taking further collection actions against you.

Oklahoma City Chapter 7 Bankruptcy: Local Resources & Support

For residents of Oklahoma City, financial struggles from unexpected medical bills, job loss, or personal crises can quickly become overwhelming. Chapter 7 bankruptcy may offer a path to regain financial stability by eliminating unsecured debts like credit card balances and medical bills. The City of Oklahoma City provides various programs offering financial counseling.

However, our team at Alexander Hilton & Associates understands that navigating the complex world of bankruptcy law can be overwhelming, and online resources alone are often not enough to provide the clarity and guidance you need. That’s why we are deeply committed to supporting you every step of the way.

Whether you’re exploring your options, seeking advice on legal processes, or simply looking for someone to help you understand your rights and responsibilities, our team can provide personalized assistance tailored to your unique situation. We are passionate about helping you find the best path forward and helping you feel confident in making informed decisions for your future.

Why Clients Choose Alexander Hilton & Associates

Free Case Consultations That Are No-risk, No-obligation
Flexible Payment Options & Appointments for Your Convenience
Reasonable & Affordable Services so You Can Get the World-class Representation You Deserve
100s of Clients Successfully Helped Across Oklahoma
We Treat Every Client Personally and Attentively, Never Applying a "Cookie-cutter" Approach.

Providing Personalized Service in Oklahoma Since 1990

Since our firm's inception in 1990, Alexander Hilton & Associates has been representing the rights and interests of consumers. We take your rights, your interests, and your financial stability seriously. In some cases, bankruptcy might not be the best option for you -- you will not be turned away. Our Oklahoma bankruptcy attorneys can help determine alternatives to lead you to the best possible outcome.

With nearly 25 years of focused legal experience in bankruptcy and consumer protection, Attorney Alexander Hilton can be trusted to help you. As a testament to this, our Chapter 7 bankruptcy attorney in Oklahoma City has earned some of the highest client satisfaction ratings in the entire state. We look forward to helping you enjoy your life—free from the burden of debt.

There is life after bankruptcy! Speak with an Oklahoma Chapter 7 lawyer to learn more. Call (405) 725-1441 to request your free case evaluation.

What Sets Us Apart

Representation From a Law Firm With One of the Highest Client Satisfaction Ratings in the State.

Our dedication to client success has earned us top satisfaction ratings, ensuring you receive trusted, results-driven legal support.
Personalized Attention From Start to Finish.

We take a hands-on approach to your case, providing direct support and tailored legal guidance every step of the way.
Affordable Chapter 7 Bankruptcy Payment Options.

We offer flexible payment plans to make Chapter 7 bankruptcy more accessible, helping you move forward without added financial stress.
Evening and Weekend Appointment Availability.

With evening and weekend appointments, we make it easy to get the legal help you need, on your schedule.

Let's Get Started Together.

First Step: Discuss Your Case

First Name
Please enter your first name.
Last Name
Please enter your last name.
Phone
Please enter your phone number.

This isn't a valid phone number.
Email
Please enter your email address.

This isn't a valid email address.
Are you a new client?
Please make a selection.
How can we help you?
Please enter a message.
By submitting, you agree to be contacted about your request & other information using automated technology. Message frequency varies. Msg & data rates may apply. Text STOP to cancel. Acceptable Use Policy

“Grateful”
After years of struggling w/deriorating health due to a series of heart attacks,I struggled with trying to maintain my chiropractic practice and remain current with my current obligations. The struggle became unbearable with the COVID 19 shutdown and I really don't know what I would have done without the very capable counsel of Atty.Alex Hilton. I was interviewed at length,explained what was expected of me and told how to collect the necessary documents. I will be forever grateful for the compassion and expertise demonstrated by this law firm .

Thomas Joyce
“Magnificent knowledge and customer service!”
A wonderful, professional attorney who cares! Recently we were at our darkest moment, financially speaking. However, Mr. Hilton clearly explained our legal rights and obligations and demystified the bankruptcy process for us. No surprises at all -- I could not recommend him more highly!

Aaron
“Best bankruptcy attorney ever!!”
Calling Alex was the best decision we have made!!! We were in a bad situation and had previously recieved some bad advice that made our financial situation even worse. Alex agreed to meet us the same day we called him and he even stayed late to do so! After looking over our mess, he gave us his advice and he answered EVERY SINGLE QUESTION we had! The rest is history! He did everything he said he would!! If you need help and are looking for a bankruptcy attorney, then look no further!! Call Alex today! You will not regret it!

Kenna
“Our case complicated and our situation was dire... He took our case, got it sorted out and got our discharge.”
Our case was complicated and our situation was dire. I was a nervous wreck. Mr. Hilton assured me that once I stepped foot in his office that our problems because his problems and to no longer worry about it. Of course we are only human so that wasn’t possible however, true to his word he took our case, which wasn’t just a straight forward easy chapter 7, and got it sorted out and got our discharge. I would HIGHLY recommend him.

Steven
“"If you are looking for someone to help you get back on track financially [...] Alex Hilton is your man."”
My mother and I have used Mr. Hilton's services on two separate occasions, and we cannot say enough good things about him -- as an attorney, and as a person. He is approachable, polite, transparent about his business practices, sympathetic to each client's particular financial situation and, of course, very knowledgeable about the laws pertaining Chapter 7 bankruptcies. Whenever either of us had a question about the process, he answered our queries thoroughly, making sure we understood everything we needed to before moving forward. Subsequently, what could have been nightmarish ordeals for us both instead were handled with relative ease and care. If you are looking for someone to help you get back on track financially without judgment or the fear of being overwhelmed by what can be an arduous and costly process, then Alex Hilton is your man.

Khan
“"Mr. Hilton is a gem and a pleasure to work with!"”
My wife was so nervous to file bankruptcy and Mr. Hilton talked with her and gave her the history of bankruptcy and the reasoning that is was the right thing to do in our case which set her mind at ease. Mr. Hilton is always there if we have questions and always quick with return emails and phone calls. Even months after everything is finished he is still there for us. Cannot recommend this man highly enough to do him the proper justice.

L & M Johnson
“I was terrified and overwhelmed and Mr. Hilton helped make an impossible situation manageable and he did so with patience and extreme kindness.”
It's been almost a year since Mr. Hilton saved us from a desperate situation. He helped us overcome an incredible burden and helped relieve a tremendous amount of financial stress we were dealing with on a daily basis. Personally, I was terrified and overwhelmed and he helped make an impossible situation manageable and he did so with patience and extreme kindness. He answered all of our questions and was always prompt with returning phone calls. The entire process was seamless for us and we couldn't have asked for a better attorney to represent us during the bankruptcy process.

M&S B.
“He worked hard on our mess of a Chapter 13 case. I will recommend him to anyone I know that is in need of a Bankruptcy Attorney.”
After having a flake for our 1st attorney, Alex Hilton turned our case around and got us amazing results. He worked hard on our mess of a Chapter 13 case. I will recommend him to anyone I know that is in need of a Bankruptcy Attorney. He is kind , compassionate and doesn't mess around

Former Client