Debt Relief Through Bankruptcy

There is no need to let debt run your life. There is no need to suffer through another harassing creditor phone call or spend another sleepless night stressing over how you are going to pay your bills. You can overcome your debt with the help of an experienced bankruptcy attorney.At the Jim A. Lyon Law Firm in Oklahoma City, we come to debt relief cases with more than 30 years of experience. Count on us to review your situation, examine your debt load and help you determine the most appropriate option for moving forward. Whether you need to overcome credit card debt, medical debt or any other kind of debt, we can help.

Chapter 7 Bankruptcy

Chapter 7 is the most commonly used form of bankruptcy. Many people think that they will lose all of their assets when they file Chapter 7. This is a common misunderstanding. While some assets may need to be liquidated to pay off creditors, most people are surprised to find out they can keep most if not all of their property. Through Chapter 7, you can eliminate your debts and get a fresh start on your financial situation.

When you file Chapter 7, an automatic stay goes into place. This puts an immediate halt to harassing calls from creditors. It also stops foreclosure, repossession and other collection efforts. With the help of our lawyers, you will feel the positive impact immediately.

Chapter 13 Bankruptcy

Chapter 13 comes with many of the benefits of Chapter 7. The biggest distinction is that Chapter 13 requires the creation of a debt repayment plan. Over the course of three to five years, you will pay off most of your debts. There is no asset liquidation required at all.

We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.



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