A Chapter 7 personal bankruptcy filing is also known as liquidation bankruptcy. The "means test" determines if you qualify by looking at your income and debt. Although Chapter 7 bankruptcy discharges some of your debts, it doesn't eliminate all debt. Contact an Oklahoma City attorney to determine if you are eligible for Chapter 7.
Prior to meeting with your chapter 7 personal bankruptcy attorney, get all your paperwork, assets, debts, loans, financial statements and other necessary documents in order. Once all the necessary paperwork has been gathered, meet with an an Oklahoma City bankruptcy attorney to guide and advise you as to what best suits your particular situation.
In legal practice, experience matters. An experienced attorney will likely have handled issues similar to yours many, many times. Therefore, after listening to your situation, the attorney should have a reasonable idea of the time line for a case like yours and the likely resolution.
An attorney consultation should provide you with enough information so that you can make an informed decision on whether to proceed with legal help.
A reputable attorney will be very upfront about how he/she will charge you. The three most common fee structures that attorneys use to charge for their services are:
Depending on your specific legal situation, it's possible that only one type of fee structure is available. For instance, criminal defense attorneys almost always bill by the hour. In a flat fee arrangement, an attorney accepts a one-time payment to help you resolve your issue. With a contingent fee agreement, the client pays little to nothing upfront and the attorney receives a percentage of the money recovered if you win your case.
Personal jurisdiction - Requirement that a particular court have authority over a person, in order to bind that person to the judgment of the court, based on minimum contacts. International Shoe Co v. Washington is a landmark Supreme Court case outlining the scope of a state court's reach in personal jurisdiction.
Lead Counsel's objective process independently verifies attorney records, conferring with state bars across the country and conducting annual reviews to confirm that the attorney practices in the legal categories as indicated, possesses a valid bar license, and is eligible to practice in the specific jurisdiction.