Bankruptcy Attorneys in Fort Sill

In the United States, millions of individuals and families struggle with more debt than they can afford. This debt not only prevents people from accomplishing their financial goals but also interferes with their general wellbeing, adding a constant level of stress and anxiety to daily life.

If this has been your experience, our bankruptcy lawyers in Fort Sill are here to help you alleviate your financial burden and achieve freedom from unmanageable debt. Oklahoma is one of the best places to file bankruptcy in the country, allowing filers to wipe out their debt without losing anything they own. With our support, you can maximize the benefits of bankruptcy and build the life you deserve.

Call Alexander Hilton & Associates at (405) 725-1441 or contact us online. We look forward to discussing your situation during your complimentary consultation.

The Bankruptcy Process

When you declare bankruptcy, the exact process will depend on which chapter you file.

At Alexander Hilton & Associates, we assist clients with the following chapters:

• Chapter 7 bankruptcy. As the fastest and most common form of consumer bankruptcy, Chapter 7 allows you to discharge qualifying debts within a matter of months. Our attorneys can help you use Oklahoma bankruptcy exemptions to keep your home, vehicle, savings accounts, retirement funds, and other personal property.
• Chapter 13 bankruptcy. This form of bankruptcy requires you to make monthly payments toward your debt. However, you can still receive a debt discharge once you complete your plan, which will take 3-5 years. The court will discharge any qualifying debts that remain after your last payment.

For both chapters, your process will begin by filing a petition with the appropriate court. Our legal team will make sure you include comprehensive and accurate statements, records, and other required evidence.

Many individuals attempt to file bankruptcy on their own, which typically results in a dismissed petition because it was incomplete, or because the filer failed to fulfill all required steps. With our support, however, you will have the highest possible likelihood of court approval and a successful bankruptcy filing.

Protection from Debt Collection

One of the most powerful advantages of bankruptcy is the automatic stay.

The automatic stay is a court order that protects you from:

• Collection calls, letters, and texts
• Foreclosure
• Repossession
• Wage garnishment
• Bank levies
• Lawsuits

Creditors, lenders, and debt collectors must cease all collection activities as soon as you file bankruptcy, and this protection lasts until the court issues the final order. This means several months of protection if you file Chapter 7 and several years of protection if you file Chapter 13.