There are Tax Consequences Of Discharging Debt. It centers around if its discharged in a bankruptcy or outright written off by the creditor. It also centers around the kind of bankruptcy you filed. This is because a chapter 7 forgives the debt outright while a chapter 13 does not. Below, we’ll explore this critical issue to help you make an informed decision about your financial future. What Is Discharge Of Debt In Bankruptcy? Before we delve into the tax consequences, it’s essential to understand what discharging debt in bankruptcy means. When you file for bankruptcy, certain debts may be dis ..read more

In the complex landscape of child custody law, few issues evoke more emotional turmoil and legal entanglements than disputes over child custody and visitation rights. Oklahoma has established laws and procedures to address these matters fairly and in the best interest of the child. However, when a custodial parent withholds visitation from the non-custodial parent, it can have serious consequences, both legally and emotionally. Legal Custody Framework in Oklahoma In Oklahoma, the legal framework for child custody and visitation is governed by state statutes and judicial precedents. The primary ..read more

Filing for business bankruptcy is a significant undertaking. Before you can benefit from the protections that the bankruptcy process affords, you’ll need to decide whether to file for Chapter 7 bankruptcy or Chapter 11 bankruptcy. A Chapter 7 liquidation, in most cases, will result in the winding down of a business. “Winding down” is a bankruptcy term for finishing final operations, paying out creditors, and closing the business for good. As Chapter 7 requires the liquidation (sale) of non-exempt assets, a business usually cannot survive selling its assets to pay its creditors. Alternatively ..read more

When you pass away you can Gift Retirement Accounts and other assets to your loved ones as part of your estate. As you consider estate planning in Oklahoma, one of the key components you might think about is how to pass on your retirement accounts to your loved ones. It’s a major aspect of managing your financial legacy and ensuring that your beneficiaries receive the most from your hard-earned savings. The following information clarifies some of the methods to gift retirement accounts to your loved ones in Oklahoma. Common Types Of Retirement Accounts First of all, it’s important to understan ..read more

You can restore your Gun Rights After an Expungement but there is more to it than people think. Criminal expungement law in Oklahoma allows individuals to petition for the sealing of their criminal records, effectively removing them from public view. This process provides a fresh start for those who have demonstrated rehabilitation and a commitment to leading law-abiding lives. Eligibility criteria typically include completion of sentence requirements, adherence to a waiting period, and avoidance of subsequent criminal activity. Expungement offers the opportunity for individuals to overcome th ..read more

A Felon In Possession Of A Firearm is a serious crime. I have personally seen cases where a person is convicted of a felony decades ago and the charge comes back to haunt them under the felon in possession statues in our state. In Oklahoma, understanding the felon in possession laws are very important, especially if you have a felony conviction in your past. Here’s more on what it means to be a felon in possession of a firearm in Oklahoma and what the government needs to establish to convict someone of this crime. Oklahoma’s Felon In Possession Law Under Oklahoma Statutes Section 21-1283, if y ..read more

Obtaining Property By False Pretense is charged either as a felony or a misdemeanor in Oklahoma. If you find yourself in a situation in Oklahoma where you’re accused of obtaining property by false pretense, it’s important to know exactly what this means and the potential consequences you might face. This post will guide you through the basics of this law and the penalties and defenses that might apply, helping you to better understand how to proceed if charged. Understanding The Offense Obtaining property by false pretense in Oklahoma is a legal term that refers to the act of intentionally dec ..read more

In Oklahoma it possible to get Custody Over a Sibling’s Child but requires help from the Court. In matters of primary custody and third party custody the best interest of the child is the touchstone considered by the court. Sometimes, circumstances may arise where a sibling seeks custody over their brother or sister’s child. This usually involves cases where the biological parent is temporarily unfit. In the state of Oklahoma, the Courts’ and the Legislature address family law issues just like this. In this article we will explore the legal procedure for navigating third party custody over a s ..read more

When it comes to Texting and Driving Crimes in Oklahoma, it’s a very serious matter. Texting and Driving is more commonly called “distracted driving”. This is often the reason for most of our everyday auto accidents in today’s technologically centered society. Approximately 9 people each day are in fatal car accidents involving a distracted driver.  However, texting and driving accounts for nearly 1,000 injuries each day on the roads.  This totals over 3,000 people killed and over 400,000 people with injuries from distracted driving accidents.  As a result, Oklahoma and several ..read more

Helping Teens Deal With Divorcing Parents is a more nuanced part of a divorce and custody case. If you’re going through a divorce and custody case and have a teenager, it’s important to understand the specific challenges they might face and the best ways to support them during this tumultuous time. Below, you’ll find some key recommendations on how to deal with this issue the right way. Acknowledgement First of all, acknowledge the uniqueness of your teen’s experience. Every teenager reacts differently to divorce based on their personality, age, family situation, and the specifics of the divor ..read more