Bankruptcy
People work hard to establish good credit scores so that they can qualify for loans with favorable interest rates. As a result, many people are concerned about bankruptcy's impact on their credit scores. It's important to understand that a bankruptcy filing will stay on your credit report for either seven or ten years, depending on the type of bankruptcy. However, this doesn't mean that you won't be able to get credit during that time. The bankruptcy filing is simply one factor that lenders will consider when evaluating your loan application. If you have a steady income and can show that you're able to make regular payments, you should be able to qualify for a loan even if you have a bankruptcy on your record. In time, as you establish a good payment history, the impact of the bankruptcy will lessen, and your credit score will improve.
Another common myth is that bankruptcy will allow you to keep all your assets. However, this is also not true. While some assets may be exempt from seizure, others may be sold to repay your creditors. As a result, it is important to consult with a bankruptcy attorney before making any decisions about whether to file for bankruptcy.
Another common myth is that bankruptcy will allow you to keep all your assets. However, this is also not true. While some assets may be exempt from seizure, others may be sold to repay your creditors. As a result, it is important to consult with a bankruptcy attorney before making any decisions about whether to file for bankruptcy.
Schedule a Consultation in Ponca City or Stillwater, Oklahoma
During your initial consultation, your attorney will:
- Listen to your story and find out what is most important to you in the outcome.
- Answer any questions you may have, including the legal process, our law firm, and legal fees.
- Identify additional documents, information, or research that you may need.
- Inform you of your legal rights under the law.
- Discuss possibilities regarding potential time frames and outcomes of your case.
- Advise you on important steps to take now whether or not you are ready to take legal action.
- Provide information regarding retainers, attorneys fees, and costs.
Legal Representation That Understands Your Needs
Your expectations as a client are high, and we take that very seriously. We promise to deliver exceptional customer service and comprehensive legal advice from our team. We understand that flexibility is needed to solve real-world problems and get you back to business. This client-centered approach ensures efficient, cost-effective, innovative solutions. The collective expertise of Holmes, Yates and Johnson attorneys defines our clients’ experience. When clients work with Homes, Yates and Johnson, they will have a single point of contact throughout the entirety of the case. Our clients can rest assured knowing they will benefit from our collaborative, cross-firm approach to case management. Together, our attorneys bring their cumulative wisdom and expertise to counsel clients in matters ranging from criminal cases to protecting and defending our clients through litigation, subrogation, and tort defense. Read our attorney bios here.
After your initial meeting
Whether clients decide to take legal action or not, most feel very relieved and satisfied when they have information necessary to protect themselves in the present and to make important decisions for their futures. The attorneys at Holmes, Yates and Johnson Law have devoted their time and resources to local communities throughout Oklahoma and Kansas. Our lawyers have extensive experience in all types of cases and are committed to getting you the best possible outcome for your case. We understand the physical, emotional, and financial toll that an injury can take on a victim and their family, and we will work tirelessly to get you the compensation you deserve. If you or a loved one has been injured, contact us today for a free consultation. We serve clients in Oklahoma, Kansas, and Missouri.
