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How long do you have to live in Oklahoma to file for bankruptcy?
You file your bankruptcy where you have lived the greater of the last 180 days. Therefore, you need to have lived in Oklahoma for more than 90 days to file in Oklahoma. If you have lived here less than 90 days you will either need to wait a few days to file, or file where you lived last (This applies to anywhere you live and where you wish to file).
What is the dollar amount for the Oklahoma median income for a family of 2 to file Chapter 7?
As of November 1, 2010 for a family of 2, the yearly Oklahoma median income is $48,909.00.
What is the dollar amount for the Oklahoma median income for a family of 3 to file Chapter 7?
As of November 1, 2010 for a family of 3, the yearly Oklahoma median income is $53,261.
What is the dollar amount for the Oklahoma median income for a family of 4 to file Chapter 7?
As of November 1, 2010 for a family of 4, the yearly Oklahoma median income is $63,004.
How much do you pay back in your Chapter 13 plan?
That is a little complicated and more easily addressed with your attorney. Any priority creditors will need to be paid in full (taxes); any secured debt you keep will need to be paid, sometimes in full, sometimes it gets what is called "crammed down" and not paid in full. Usually, even when paid in full the interest rate can be lowered. All of the remaining debt (medical, credit cards, payday loans, repossessions, etc.) are in the unsecured pool and what you pay back ranges anywhere from 0% to 100%, but at 0% interest. The amount you pay back to the unsecured creditors depends on what amount the means test says you must pay. In any event, even if all is paid back it will be at 0% instead of the outrageous 24% or so you are currently paying, and all late charges, over the limit fees, etc. are stopped.
Schedule an appointment with us to discuss what portion you may (or may not!) pay back in your Chapter 13 plan.
When is my plan payment due?
Your first payment is due thirty (30) days after your bankruptcy is filed, and the same date each month thereafter. If you need a certain day for your plan payment to be due, your signing appointment needs to be scheduled accordingly.
Where do I mail my Chapter 13 plan payment?
For our clients in the Western District of Oklahoma, you will mail a cashier's check or money order only with your name and case number on it to:
John T. Hardeman, Trustee
PO Box 613309
Memphis, TN 38101-3309. Please note that the payment CANNOT be sent to the Chapter 13 Trustee in his physical Oklahoma City office location.
