Stillwater is home to Oklahoma State University and a lot of young adults, and young adults ask different questions about bankruptcy. Will I ever get credit again? What about my student loans? Can I still rent an apartment? We answer those directly, and we work with Payne County residents of every age, from university employees to families in Perkins, Cushing and Yale.
Student loans. Federal and most private student loans are much harder to discharge than other debt. But bankruptcy can still help a borrower by eliminating credit cards, medical bills and personal loans, which frees up money for the student loan payment. We’ll tell you honestly what a filing would and wouldn’t do in your situation.
Rebuilding credit afterward. A bankruptcy stays on your credit report for years, but most people find that their score starts improving once the old balances are gone. Many filers qualify for a secured card or a car loan sooner than they expect. Paying every bill on time from the day your case closes is what matters most.
Getting it done without the drive. Consultations are by Microsoft Teams, documents are sent electronically, and the meeting of creditors is held by Zoom. Stillwater is about an hour from our Oklahoma City office if you’d prefer to meet in person.
Stopping a lawsuit or garnishment. Payne County collection cases are filed at the courthouse in Stillwater. Once you file, the automatic stay halts most of them.
Marty Martin has represented Oklahoma consumers in bankruptcy since 2003. Call or text (405) 255-2380, or request a free consultation online.