Judicial vs. Nonjudicial Foreclosure in Oklahoma

If you miss enough payments on your home, your lender can sell the house on your behalf in order to cover your debts. This process is known as foreclosure, and it usually works in one of two ways, depending on your state. Lenders can foreclose via the court system in some states (called judicial foreclosure), and in other states they can use specific procedures outside of the courts (called nonjudicial foreclosure). Read More

4 Things to Do Next After Your Debts Have Been Discharged from Bankruptcy

If you've recently had your debts discharged from bankruptcy, you're probably ready for a fresh start. Bankruptcy offers a clean slate in many ways. You may want to focus your energy on reestablishing your finances, redefining your spending and saving habits, and rebuilding your credit. Here are a few key tips to get you started. Adjust your financial habits—and your attitude. First off, you'll need to do a Read More

Bankruptcy 101: Understanding the Automatic Stay

Filing for bankruptcy is a big decision and one that you definitely don’t want to take lightly. When making the decision, you want to make sure you are informed about how bankruptcy will impact your financial situation, both in good ways and bad. When researching bankruptcy, many people run into a concept called an ‘automatic stay’ and aren’t sure what it means. An automatic stay is actually one of the most Read More