Facing foreclosure can be overwhelming, but bankruptcy may offer a way to protect your home. If you are struggling with mortgage payments in Oklahoma City, filing for bankruptcy could provide relief and help you avoid losing your property. At Branch and Hurtt Law Firm, P.C., we assist homeowners in understanding their legal options when facing foreclosure.



When you file for bankruptcy, an automatic stay immediately goes into effect. This court-ordered protection halts foreclosure proceedings and prevents lenders from taking further action against you while the bankruptcy process is underway. This gives you time to explore your options and develop a plan to catch up on payments or restructure your debt.

There are two primary types of bankruptcy that can help homeowners in Oklahoma:

• Chapter 7 Bankruptcy – While Chapter 7 does not eliminate mortgage debt, it can temporarily delay foreclosure, giving you more time to negotiate with your lender. If you do not wish to keep the home, Chapter 7 can also discharge other debts, making it easier to move forward financially.
• Chapter 13 Bankruptcy – Chapter 13 is often the best option for stopping foreclosure because it allows you to catch up on missed mortgage payments through a structured repayment plan over three to five years. As long as you stay current on payments, you can keep your home.

Timing is critical when considering bankruptcy as a foreclosure defense. Filing too late may limit your options, while filing too early could impact other financial obligations. Consulting an experienced Oklahoma City bankruptcy attorney can help determine the best strategy for your situation.

If you are at risk of losing your home, Branch and Hurtt Law Firm, P.C. can help you navigate the bankruptcy process and find the right solution to protect your property and financial future.