Your Bankruptcy Trustee will require certain documents, please
bring the following to our meeting:
Last 3 years tax returns
Last 6 months pay stubs (or proof of income)
Last 3 months bank statements on all accounts in your name
Car titles
Copy of Warranty Deed on house, and any real estate owned
Credit Reports (If you don't have recent ones we can secure them for you)
Statements of your debts and bills you receive in the mail
Copies of any legal pleadings you have received
Copy of your lease if you are leasing your home
You can also Email us Today to schedule an appointment,
kjblawyer@gmail.com
(405) 341-5522 phone
(405) 509-6400 fax
A&B LAW CENTER LLC.,
Kimberly J. Brasher, Law Office, PC, Attorney at Law*
*Doing Bankruptcies since 1993, (19 years)
*Attorney Services
*Debt Relief Agency following the Bankruptcy Code
3893 E. Memorial Road, in Oakview Professional Pointe
Edmond OK 73013
(Just 1 block West of I-35, on Memorial)
Debts you can discharge in bankruptcy*
(Discharge = *Wash away)
Kimberly J. Brasher
Bankruptcy Attorney
Attorney at Law
I want to keep my car or house- can I?
Will I lose my assets?
Debts you can NOT discharge in bankruptcy
How will my credit be affected?
Will my bankruptcy effect my spouse?
(405) 341-5522
How long does bankruptcy take?
How much does bankruptcy cost?
Bankruptcy hearings for debtors who live in Oklahoma City, Oklahoma County, Canadian County, Logan County, Lincoln County, and Cleveland Counties are held in Oklahoma City on Dean A. McGee Street. Debtors who live in Payne County often have their 341 hearings in Enid, Oklahoma.
Our goal is to REDUCE your STRESS
and ANXIETY associated with your debts,
by providing you with the information you need
to have a bright financial future--free from debt
after your bankrutpcy is completed.
Do You Have Bankruptcy Questions?
Kimberly has been practicing law for 19 years in the areas of Bankruptcy and family law.
Oklahoma Bankruptcy Attorney, specializing in Chapter 7 & 13 Bankruptcy
Filing bankruptcy can eliminate stress and DEBT from your life. Each day we meet hard-working people who have tried to keep up with their bills, but can't. Sometimes their debts stem from medical problems, losing a job, getting "over-extended", going through a divorce, cut backs at work, or from co-signing on a note with someone else (Like a child on a car note. When they stop making payments- the co-signer is stuck paying the bill!)
***Please print out the packet and fill in as much of the information as you can to bring to your appointment. Whatever you are unable to complete, or have questions about, simply ask Kimberly for clarification during your appointment.
We service Bankrupty Clients all over the Western District of Oklahoma. Western District for Bankruptcy includes the followig counties:
Alfalfa County,
Beaver County,
Beckham County,
Blaine County,
Caddo County,
Canadian County,
Cimarron County,
Cleveland County,
Comanche County,
Cotton County,
Custer County,
Dewey County,
Ellis County,
Garfield County,
Garvin County,
Grady County,
Grant County,
Greer County,
Harmon County,
Harper County,
Jackson County,
Jefferson County,
Kay County,
Kingfisher County,
Kiowa County,
Lincoln County,
Logan County,
McClain County,
Major County,
Noble County,
Oklahoma County,
Payne County,
Pottawatomie County,
Roger Mills County,
Stephens County,
Texas County,
Tillman County,
Washita County,
Woods County,
Woodward County.
Bankruptcy hearings are held in Chickasha, Enid, Guthrie, Lawton, Mangum, Oklahoma City, Pauls Valley, Ponca City, Shawnee, and Woodward.
Written by attorney, author, and former Mrs. America, Kimberly J. Brasher
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An "informative, insightful book" called:
"Toxic Relationships, How to Regain Lost Power in Your Relationship"
is changing lives and empowering people.
Hello,
I'm Kimberly Brasher, bankruptcy lawyer. I have met really good hard-working peopler here in Oklahoma, who don't want to file Bankruptcy, but "LIFE" happens and forces Bankruptcy upon them.
Often these same people use up their retirement monies, run up equity lines, etc. just to KEEP from filing bankruptcy, and yet end up needing to file bankruptcy afterall. I would rather meet them BEFORE they use all their "food" money and assets up because many can be saved.
We feel good when a client leaves our office feeling more optimistic about their future. So Call and set a time today for us to meet and explore whether Bankruptcy is right for you or not. Office phone number is (405) 341-5522 or you can email me at KJBlawyer@gmail.com - Thanks, Kimberly
Kimberly J. Brasher, B.A., J.D. Attorney at Law for 19+ years
www.condorentalpuertovallartamexico.com
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Chapter 7 bankruptcy Attorney
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bankruptcy? Medical bankruptcy, or credit card bankruptcy?
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Kimberly is the Author of the book:
Toxic Relationships, How to Regain
Lost Power in Your Relationship..
All medical bills, most credit card bills*, most signature loans, and most judgments* are all dischargeable
*depending on when the last charges on credit card occurred
*and depending on what type of judgement exists against debtor
Can I file Chapter 7 Bankruptcy? Qualifications for Chapter 7 Bankruptcy:
You must have resided in the state in which you file for 6 months or over. You must not have filed for Chapter 7 Bankruptcy in the previous 8 years, and you must have limited disposable income after allowable debts for your county as determined by IRS regs., filing fee is required.
Can I file Chapter 13 Bankruptcy?
You must not have filed for Chapter 7 Bankruptcy in the previous 6 years, and must wait 4 years in between Chapter 13's. Your current income will determine how many years your Chapter 13 will last. For those who would otherwise qualify for a Chapter 7 bankruptcy, their plan may be as short as 3 years. 5 years or 60 months is the maximum length of a plan, a filing fee is required. The debtor must have a source of ongoing income to service the plan payment. Debtor will be required to pay the trustee a monthly payment to pay for secured debts either in arrears, or which will pay off during the life of the plan. You have to wait
A house and car are considered secured assets. The simple answer is, if a debtor wants to retain secured property in a Chapter 7, they must be current on their payments. If debtor's house payment is behind in a Chapter 7, the creditor will take the house. In Debtor is behind on his house payments he should file a chapter 13 to save his house and cure the arrearages. Chapter 13 is the only bankruptcy option for catching up arrearage payments on a house or car. To file Chapter 7, a debtor must be current before the filing date (and then remain current after completion of the Chapter 7- This is especially true if no reaffirmation agreement is signed between debtor and creditor).
There are mixed requirements from creditors on homes; some require the debtor to file a reaffirmation agreement and others do not.
In Chapter 7 the debtor must declare their intentions as to their secured property. Meaning, the debtor must state whether they plan to keep their secured property and reaffirm with the creditor, whether they will surrender the property, or redeem the property with a lump sum payment.
Car payments also need to be current to file a Chapter 7 case, but not in a Chapter 13 case. Secured creditors who will be paid-off during the life of the Chapter 13 plan will also be required to be paid through the Debtor's Chapter 13 plan - (regardless of whether the Debtor is current). If debtor's house is current, and it doesn't pay-off during the life of the Chapter 13 plan, it would not need to be paid in the Chapter 13 plan. There is no plan in a Chapter 7 bankruptcy case.
Debtor's spouse is not required to file with them. However, a spouse may file with a debtor if they are still married on the date of filing. Further, if there are joint debts shared by a couple, the non-filing spouse will likely be pursued by creditors seeking payment after the filing spouse has discharged the debts. Further, some credit reporting agencies state "bankruptcy filed" for JOINT debts shared with a spouse.
Any bankruptcy will have an effect upon debtor's credit for a period of time. However, the adverse effects will probably be shorter than the adverse effects debtor experiences from having a debt-to-income ratio that is out of balance. If debtor's amount of debt is large in comparison to their income, not filing will likely have a longer lasting, negative, effect on debtor's credit than filing. This happens because it would take years to pay debtor's debts off on a modest income, usually longer than the effects of bankruptcy.
Filing for bankruptcy will not rid you of all debts. Student loans are protected from discharge by debtor (except in very rare cases), and taxes that are less than 3 years old are not dischargeable. Charges to municipalities are non-dischargeable, and certain other taxes like business sales taxes are not dischargeable. Certain judgments and government fees are also not dischargeable.
It depends on a number of things. In a Chapter 7, the trustee may take an interest in any property that is not protected by a State or Federal exemption. State and Federal exemptions provide debtor with relief to retain their personal property. However, if there is no exemption to protect the personal property the trustee may, at their option, decide to take an asset and sell it for the benefit of creditors. In Chapter 13, the Debtor retains their assets and property, but pays a plan payment commensurate with the property debtor retains in relation to debtor's disposable income. Higher disposable income of a debtor will mean a higher plan payment to unsecured creditors when there is disposable income left over and the assets are over the allowable exemptionse. Once debtor meets with an attorney they can discuss the plan payment debtor can expect.
CHAPTER THIRTEEN BANKRUPTCY,
Chapter 13 period is at least 36 months and up to 60 months depending on your level of income and needs. (As a Chapter 13 bankruptcy attorney we see people file Chapter 13 mostly to save their homes or save rental property or vehicles that are in arrears). If your income level would qualify for a Chapter 7 you will be allowed a minimum of a 36 month plan, but can opt for additional months up to 60 months to cure the arrearage existing on a house.)
CHAPTER SEVEN BANKRUPTCY,
Filing Chapter 7 bankruptcy lasts approximately 3 months from the filing date, but can be delayed for multiple reasons, for example, if the trustee finds assets to be sold for the benefit of credit, or if there are creditor claims that have not been resolved, in these instances debtor's discharge may be delayed.
Should I file bankruptcy?
If you have at least $5,000 in dischargeable debt bankruptcy may be right for you. Also, if you are unable to pay more than the minimum payment on your credit card debt and continue to pay without reducing your principal balance then bankruptcy may be a viable option for you. If you are on a limited budget, and have large credit card or medical debts that seem to be going up instead of down bankruptcy may be the only way to stop the spiral of debt in your life. If the length of time required to pay off your medical and credit card debts is greater than 5-7 years than bankruptcy may be the best option for you (Effects of bankruptcy are not usually felt past 5 years, but the notation will remain on your credit report for at least 7 years )
Our office offers a payment plan for Debtors who are unable to pay for all of your fees at once, but fees for Chapter 7 need to be paid in full prior to bankruptcy filing. We can roll a portion of the attorney fees for Chapter 13 into the plan. Prices for a Chapter 13 are higher than a chapter 7 because the process is longer 3-5 years versus 3 months.
Will the Trustee take my tax refund?
The trustee is entitled to take your tax refund if you do not receive your refund until after you have filed for bankruptcy relief. Most of our clients file bankruptcy after they have received their income tax refunds back. We work for the debtor as the debtor's attorney and the trustee works on behalf of the creditors looking for assets to liquidate for the benefit of creditors. The judge sits in the middle of both competing interests. All taxes years must be filed or brought current at or about the time of filing.
"Is it time to file bankruptcy?"
Our firm has been filing Chapter 7 and Chapter 13 Bankruptcies for 19 years now.
All your creditors must be listed on your bankruptcy Petition with complete addresses, account numbers and amounts owed in order to be discharged. For $35/ per person, we can download all 3 credit reporting agencies data into your bankruptcy, so we can list the most up-to-date figures of what you owe. Just let us know if you would prefer this service. We recommend it. Listing all your old creditors is the first step to re-establishing good credit and cleaning up your credit report.
Your Bankruptcy Trustee will require certain documents, please 
