Bankruptcy Attorneys in Lawton
If I File Will I Lose My Property?
Most Chapter 7 filers keep all of their property. OKLAHOMA BANKRUPTCY EXEMPTIONS allow you to keep your home, your vehicle(s): [$7500 of equity in 1 vehicle, plus an additional $7500. on a second vehicle for couples]. Oklahoma property exemptions also include furniture, clothing, household goods, electronics, tools, retirement accounts, wages, child support, alimony, benefits, wedding rings, bank accounts and more.
At Alexander Hilton & Associates, our goal is to help struggling individuals and families receive a fresh start. Established in 1990, we are fully prepared to assess your situation, determine whether bankruptcy is right for you, and to move quickly if necessary to protect assets from creditors. Chapter 7 and Chapter 13 stop wage garnishment, repossession, foreclosure and lawsuits instantly.
Learn more from our Lawton bankruptcy attorneys by calling (405) 725-1441 or contacting us online. We can answer all your questions during a free initial consultation.
Types of Bankruptcy
At Alexander Hilton & Associates, we primarily assist clients with the two most common types of consumer bankruptcy: Chapter 7 and Chapter 13.
Chapter 7 bankruptcy generally takes 3-6 months, from filing your petition to receiving a court-ordered debt discharge. With our assistance, you can achieve this discharge without losing your cars, retirement savings, bank accounts, house, home equity, or any other personal property. To qualify for Chapter 7, you must pass the means test, which compares your income to the median income for a household of your size in Oklahoma.
Chapter 13 bankruptcy takes longer than Chapter 7 because it involves a 3-5-year repayment plan. Although it requires you to make monthly payments to pay off a portion of your debt, it results in a court-ordered discharge of whatever debt remains after you complete your plan. Chapter 13 can be an effective alternative for those who cannot qualify for relief under Chapter 7.
Whether you file Chapter 7 or Chapter 13, you will benefit greatly from a court order called the automatic stay. The automatic stay prohibits your creditors and debt collectors from pursuing your debt in any way. As such, you will be free from lawsuits, wage garnishment, foreclosure, collection calls, and more for the duration of your case.
What Debt Will Bankruptcy Discharge?
Our Lawton bankruptcy lawyers have helped clients wipe out thousands of dollars of debt within just a few months or years.
Generally, bankruptcy can discharge your unsecured debt, such as:
- Medical debt
- Credit card debt
- Tax debts (if 3 years old or more
- Signature loans
- Auto Loans
- Repo Debt
- Unpaid rents
- Unpaid utility bills
- Personal loans (e.g. “payday loans”)
- Mortgages
Non-dischargeable debts include: alimony, child support, criminal fines, student loans, drunk driving reparations, certain tax debts.
Because secured debts like mortgages and car loans are secured by collateral (e.g. your house or vehicle). Although a Chapter 7 Discharge will cancel your legal obligation to repay these debts, it will not necessarily prevent your lender from seizing that collateral if you are still behind on payments after your bankruptcy ends. For this reason, many people use Chapter 13 if they are behind on their mortgage or car payments. Chapter 13 provides 3-5 years of protection against foreclosure and repossession while the filer makes regular payments and catches up on arrears.
For more personalized information about what bankruptcy can do for your financial situation, call (405) 725-1441 or contact us online. We look forward to helping you free yourself from the burden of debt and navigate life after bankruptcy.
What Sets Us Apart
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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.
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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.
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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.
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Evening and Weekend Appointment Availability.
With evening and weekend appointments, we make it easy to get the legal help you need, on your schedule.
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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
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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
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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
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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
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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
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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
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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.
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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 aroundFormer Client
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Stop Garnishment
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Stop Foreclosure!
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FAQ About Bankruptcy
