When a business files for Chapter 11 bankruptcy, it enters a complex legal process aimed at restructuring its debts and reorganizing its operations. One of the most critical aspects of Chapter 11 bankruptcy is the automatic stay, which provides immediate relief to the debtor by halting most creditor actions against the business.  Immediate Relief From Creditor Actions Upon filing for Chapter 11 bankruptcy, a business benefits from the automatic stay, which goes into effect immediately. The automatic stay is a court order that prohibits creditors from taking any further collection actions ..read more

When a loved one passes away, the probate process can seem daunting, especially for those appointed as executors of the estate. At Marty Martin Bankruptcy Law, we understand the complexities involved and are committed to guiding executors through this process. Our Oklahoma City, OK probate lawyer has extensive experience in estate law, and we’re here to shed light on the crucial role of executors in probate. Understanding The Executor’s Responsibilities The executor, often named in the deceased’s will, is responsible for managing the estate through the probate process. This role involves sever ..read more

Facing financial challenges can be overwhelming, and for many people in El Reno, OK, seeking a fresh start through bankruptcy is a viable option. At Marty Martin Bankruptcy Law, we understand that the bankruptcy process can seem complex, but we’re here to simplify it for you. In this blog, we’ll cover the basics of bankruptcy, shedding light on what it entails and how it can help you regain control of your financial future. What Is Bankruptcy? Bankruptcy is a legal process designed to provide individuals and businesses with a way to manage overwhelming debt and obtain a fresh financial start ..read more

When it comes to managing overwhelming debt, individuals often explore various options to regain control of their finances. One such option that can provide significant relief is Chapter 13 bankruptcy. At Marty Martin Bankruptcy Law, our El Reno OK Chapter 13 bankruptcy lawyer understands that the bankruptcy process can seem intimidating, but it comes with several benefits that can help individuals in El Reno, OK, achieve financial stability. 1. Debt Consolidation And Repayment Plans One of the primary benefits of filing for Chapter 13 bankruptcy is the opportunity to consolidate and manage yo ..read more

When it comes to navigating the complex world of estate probate in Oklahoma City, OK, many people have questions. At Marty Martin Bankruptcy Law, we understand that dealing with probate can be a daunting task, especially during an already emotionally challenging time. To help ease your concerns, we’ve compiled some of the most frequently asked questions about estate probate in Oklahoma City. What Is Probate? Probate is the legal process that takes place after someone passes away. It involves validating and executing their will, if one exists, or distributing their assets according to state law ..read more

Bankruptcy is a legal process designed to provide individuals and businesses facing insurmountable financial difficulties with a fresh start. While it is often seen as a last resort, bankruptcy offers several significant benefits that can help individuals and businesses regain their financial footing and move forward. Here are some of the key advantages of bankruptcy: Debt Relief: The primary benefit of bankruptcy is debt relief. It allows individuals and businesses to eliminate or reduce their outstanding debts, giving them the opportunity to regain control of their financial lives. This can ..read more

Bankruptcy Lawyer Life can get tough, and not everyone feels like they are in good financial shape. In fact, most people have some kind of debt that lingers over them every single day, but that doesn’t mean they should rush to file for bankruptcy. Deciding to file for bankruptcy is a choice that will have pros and cons, but can be a resource for those in true need of a financial restart, especially if going back would be worse. If you aren’t sure if bankruptcy may be in your future, here are signs that it may give you the financial redo that you’re looking for: You Are Spending More Than You E ..read more

Bankruptcy Protection It can be incredibly difficult to keep up with your mortgage payments if you suddenly find yourself in tough financial times. This can happen because you needed a hospital stay, you needed to take care of another family member, or maybe because you got a pay cut or lost your job. Whatever your situation, it may make it incredibly hard to continue paying your mortgage and you may start to feel like there are no more options. Once you get behind on your monthly payments, you may start facing the fact that you could lose your home due to foreclosure. What can you do when you ..read more

Estate planning involves many different tasks. From listing your assets, filling out legal paperwork, and planning end of life care, there are many elements in an estate plan that must be considered. There is no one single way to approach building an estate plan, but how you create yours is dependent on your unique preferences and needs. The size of your estate, type of assets and whether you have heirs are just a few of the factors that can determine what is included in your estate plan. For personalized legal advice, you can obtain more information from an experienced lawyer. Some of the com ..read more

Family Lawyer Resolving a family legal matter can be incredibly challenging if you are not sure how to move forward with your situation. Making legal decisions that can affect your entire family is not easy to do without professional assistance. A Modesto, CA family lawyer like one from AttorneyBernie.com has years of legal experience handling cases that cover the practice area of family law. There are many scenarios that a family lawyer can offer you informative and detailed counsel on. If you have a question or need more in-depth assistance regarding a specific situation, you can obtain help ..read more