We are a debt relief agency. We help people file for bankruptcy relief under the bankruptcy code.
The first step to filing for Bankruptcy is finding a good attorney.
Are you looking for a bankruptcy attorney that is knowledgeable and has years of experience in the area of bankruptcy?
Chuck Moss, Attorney has 40 years bankruptcy experience and was nominated
as one of the Top 5 Bankrutpcy Attorney's in Oklahoma City, OK. Moss Law Office has handled over 1,800 bankruptcy cases since the laws changed in 2005 helping people and businesses get out of debt and rebuild their credit.
Are you looking for a bankruptcy attorney who will make filing for bankruptcy easy and affordable?
Moss Law Office:
Will work around your schedule for appointments and will also see clients on Saturdays if necessary.
Will not send you home with a large packet to fill out (as other lawyers do). All necessary information will be obtained during your free consultation and we will prepare all paperwork.
Understands that because you are going through financial difficulties, it is very hard to come up with the full Attorney Fee and Court Cost up front and will work with you on a individual basis to make filing affordable.
Are you looking for a bankruptcy attorney who will take the time listen to you and treat you with respect?
Our free consultation will relieve you of any fears, as we will take the time to fully explain how bankruptcy works. Many law offices rush you in and rush you out. We will take the time to listen to you and discuss your individual situation and give you an honest assessment. We dont like surprises and know you don't either. Moss Law Office works hard to give you the best possible legal representation.
The need to file bankruptcy can be caused by many events, most of them beyond your control ie job loss, divorce, death in the family, medical. Cost of living alone can bring any family down. We know that filing for bankruptcy is one of the last things that you want to do. Many people view filing bankruptcy as a failure. We do not. We veiw it as a remedy. A remedy allowed by law to give people a fresh start and get you back where you can live again. Moss Law Office will carefully help you through the process and not beret or embarrass, but treat you with respect.
Recent Reviews Regarding our Services
July 30, 2014
Moss Law Office is absolutely the "BEST"!
We were so Blessed to have your experience and professionalism in handling our difficult case and we would
refer your office to anyone in need of your services. You've always made us feel comfortable in our stressful
situations and incredibly we were always at ease leaving your office knowing that our problems were going to
be resolved. Anytime we had a question we knew we could just call your office and we would get our answer
promptly. The step by step process of our responsibities were documented and explained thoroughly so we
knew by our checklist in simple terms exactly what was needed from us.
We appreciate your time and thank you so much for handling our case.
THE FRANKLIN'S CLIENTS FROM 2008-2014
We would be glad to help you.
Feel free to call us
Most people filing a bankruptcy will either file a chapter 7 or a chapter 13. Farmers can file a chapter 12, and a business can file a chapter 11. Chapter 11 and 12 are not be discussed. If you need information about chapter 11 or chapter 12, call for details.
EVERYTHING IN BANKRUPTCY IS INCOME RELATED. THE AMOUNT OF THE DEBTS IS IN-MATERIAL. FILING A CHAPTER 7 OR 13 IS PRIMARILY DECIDED BY INCOME. A MEANS TEST WILL BE COMPLETED BY OUR OFFICE TO DETERMINE WHICH BANKRUPTCY WILL BE NECESSARY.
Chapter 7-Most common
Most debts are discharged or taken away. Chapter 7 is the easiest, simplest, and quickest way to get out of debt.
Recent taxes, student loans, child support, and debt incurred while intoxicated or criminal fines are not discharged. All other debts are normally discharged. Many people want to retain a vehicle or a home. You can keep the vehicle or home if you retain the monthly payments. Bankruptcy does not end a mortgage. If you retain the vehicle or the home, you will need to keep making the regular monthly payment.
All debts owing must be listed. Any person filing bankruptcy is required to include everyone that they know that they owe. Even though you plan to retain the home or vehicle, the debt must be listed. The holder of the mortgage on the home or vehicle is not interested in getting the home or vehicle. All they want is money.
After bankruptcy, you can pay any debt. The creditor can take or make no effort to collect the debt.
Most property owned is exempt including your home and in most cases, one vehicle for husband and wife. This means that the court cannot take items like household goods, clothing, most guns, animals, or tools of trade.
A trustee is appointed in every case. The trustee’s job is to see if you have any non-exempt property ie a boat of value with no mortgage, some vehicles, some tax refunds, savings accounts, stocks, bonds and some other assets. You get to keep all exempt items.
Most debts are discharged or taken away. However, a chapter 13 requires a payment to the chapter 13 trustee for a period of time. The time period may be as short as 36 months, or as long as 60 months. The monthly payment varies depending on the gross monthly income.
If the family or individual income is above the median income, then a chapter 13 may be required. The court uses what is called the “means test” to determine whether to file a 7 or 13. The means test is a manner in which certain expenses are allowed, ie taxes, medical insurance, food, clothing, auto expense, housing, etc., in determining the amount of money left over to pay the trustee.
Chapter 13 can also be used to pay back taxes. In most cases, the penalty of the IRS, or the OTC is eliminated in the bankruptcy.
Chapter 13 is widely used to retain homes. In the event of an arrearage, or a pending foreclosure, filing chapter 13 will stop the foreclosure. The arrearage and the house payment are paid to the chapter 13 trustee and the trustee pays the mortgage company.
Congress has set a median income for filing chapter 7 or 13. The median income changes from time to time, and varies by the number of persons in the family. For example, two person family, median annual income is approximately $51,845.00.
This means that a two person family can have a gross annual income of $51,845.00 or less and do a chapter 7 bankruptcy. If your income is higher, then the choice of a chapter 7 or 13 is determined by the means test.
DETERMINING WHICH CHAPTER TO FILE
Each person or family must determine which bankruptcy fits their needs. The attorney helping with the bankruptcy will be able to give the advice on which chapter will work. need 6 months of income records to determine the annual income. The 6 month period ends in the month before the filing.
Every person filing bankruptcy is required to take two counseling classes. These classes are very simple and easy. There really is no pass or fail. These classes can be done online or by telephone. The first course is taken before the filing of the bankruptcy, and the 2nd course is taken after the filing, but before the discharge. The courses each will take about 2 hours to complete. The classes must be US Trustee approved. The counseling service we refer people to charges $15.00 if done on-line and $25.00 if done over the phone. The second course will cost $9.00 if done on-line and $15.00 if done over the phone. The cost is the same for an individual or family. This is paid directly to the counseling service
COST OF FILING
Attorneys are required to provide a written contract prior to employment.
Chapter 7- Legal fee will vary depending on who you choose to represent you. Most attorneys charge anywhere from $1,500.00 - $3,500 plus court cost. We charge $965.00 plus court cost of $335.00 for a total of 1,300.00.
Chapter 13- Legal Fee will vary depending on who you choose to represent you. Most attorneys charge $3,500.00 plus the $310.00 court cost. We charge $3,100.00 plus $310.00 court cost. However, you will not be expected to pay this prior to the filing. You will pay $710.00 when we file your case and the balance of $2,700.00 is paid as you make your payments to the trustee, the trustee will pay us a little each month until the balance is paid in full.
When filing bankruptcy, you can keep certain property. These are called exemptions. The court cannot take your home, (provided you live there) your household goods, clothing, one vehicle per person with an equity of $7,500.00 or less. Other exempt items are retirement accounts, limited firearms, and other miscellaneous items. Your attorney will know the exemptions.
Everyone filing a chapter 7 or 13 is required to attend what is called a meeting of creditors. Creditors are permitted to appear and ask a limited number of questions that led to the bankruptcy, or questions about retaining property, ie are you going to keep the vehicle, and are you going to reaffirm the debt.
Creditors seldom appear at the meeting of creditors. The hearing is simply a matter of being there.
SELECTING AN ATTORNEY
An attorney should be selected that you feel comfortable with, one that answers your questions, and is available for consultation. A personal recommendation is always best. You should be able to contact the attorney via telephone. An experienced bankruptcy attorney is always better than an attorney doing his first or second bankruptcy.
FEEL FREE TO CALL FOR MORE INFORMATION. WE WILL BE HAPPY TO ANSWER ANY QUESTIONS, OR DISCUSS THE MATTER FURTHER. (405) 949-5544
Chuck Moss, Attorney 500 N. Meridian, Ste 300, Oklahoma City, OK 73107