One of the immediate benefits of filing for bankruptcy in Oklahoma is the “automatic stay,” which immediately and effectively puts a stop to all collection activity against you. Here at Oklahoma Legal Center, we know how stressful and confusing it can be to find yourself struggling to pay your mortgage, car loans and other financial obligations, and nonstop calls and letters from creditors and collection agencies only makes overwhelming debt harder to deal with. If you are considering filing for bankruptcy in Oklahoma, it’s important to be informed about every aspect of the process, including how the automatic stay works. For this reason and others, you should contact our knowledgeable attorneys at Oklahoma Legal Center as soon as possible for help navigating through the sometimes-complicated bankruptcy process.
Put a Stop to Collection Calls
In Oklahoma, as soon as your bankruptcy case is filed with the bankruptcy court, the automatic stay goes into effect, instantly providing protection against bill collectors and creditors. As a result of the automatic stay, these parties must immediately stop calling you and sending you letters; they must also stop pursuing lawsuits against you, any foreclosure activity against your home, any attempts to repossess your vehicle, and any garnishment of your wages. Whether you decide to file a Chapter 7 or Chapter 13 bankruptcy, an automatic stay can help restore peace in your home, where financial problems can lead to problems in your personal life. In fact, financial problems are one of the leading causes of divorce in the United States, although devastating consequences such as this could possibly be avoided with the right legal counsel.
Contact Our Experienced Attorneys for Help
If you are experiencing serious debt problems and you feel as though you are being harassed by creditors and debt collectors, contact our skilled lawyers at Oklahoma Legal Center to find out if filing for bankruptcy in Oklahoma is a good option for you. Our team of qualified attorneys has extensive experience helping Oklahomans file for bankruptcy, and will work diligently to help you bounce back from overwhelming financial problems by filing for bankruptcy. Regardless of whether you are able to discharge all of your debt in Chapter 7 bankruptcy, or you opt for a repayment plan with Chapter 13 bankruptcy instead, an automatic stay will go into effect as soon as you file your case with the court. Don’t hesitate to put a stop to harassing collection calls; contact our Oklahoma City-based law firm today.