In Oklahoma, bankruptcy provides fast results for consumers who want to settle debts in a short amount of time. The liquidation process is an incredible choice for consumers with a vast collection of assets. The properties could provide adequate capital for ridding the consumer of high volume debts in under six months. A local attorney can help consumers examine the requirements of Chapter 7 bankruptcy.
Invoices for All Debts
The consumer should collect invoices for all their debts. The most receive invoices reflect the current balance of the debt, the account number, and the creditor. The attorney reviews all debts and calculates the consumer’s total debt value. Next, the lawyer explores all options such as possible discharges for debts such as unsecured credit card debts.
Deeds and Titles for Assets
The deeds and titles for the assets are collected from the consumer. Each asset is appraised to determine their exact …