All About Bankruptcy

Episode Summary: In this episode of All About Bankruptcy, Oklahoma bankruptcy attorney Luke Homen, founder of Convenient Bankruptcy, talks about the surprising number of ways people can qualify for Chapter 7 bankruptcy. Luke outlines six different paths to eligibility, even for those who think they make too much money or own too many assets. From the median income test and the means test to rare exemptions, business debt loopholes,...

Episode Summary: In this episode of Bankruptcy Unlocked, Oklahoma bankruptcy attorney Luke Homen explains one of the most important protections in bankruptcy law: the automatic stay. Luke breaks down exactly what bankruptcy stops—lawsuits, wage garnishments, foreclosure—and what it doesn’t, such as ongoing evictions or child support obligations. He also explains how Chapter 7 and Chapter 13 differ in protecting assets, what happens...

Episode Summary: In this insightful episode of All About Bankruptcy, Oklahoma bankruptcy attorney Luke Homen explains the key players in a bankruptcy case and why having the right legal guide matters. Luke unpacks the differences between debtors, trustees, creditors, and judges, while clarifying how secured and unsecured creditors play distinct roles. He also shares why timing is critical in bankruptcy filings, the risks of going i...

Attorney Luke Homen explores the post-bankruptcy process, detailing the immediate protections of the automatic stay, the 341 meeting of creditors, and strategies for credit repair and financial recovery. The episode provides practical guidance on halting creditor actions, addressing financial challenges, and rebuilding credit to achieve a brighter financial future.

00:00 - Show Introduction and Welcom...

Episode Summary: In Part 2 of this two-part series, Oklahoma attorney Luke Homen breaks down the real story behind student loan discharge through bankruptcy. While the law itself hasn’t changed, the enforcement policies have shifted—making relief possible for more people than ever. Luke walks through the new attestation process, how the Department of Education evaluates cases, and why it’s now easier to settle without going to tria...

Episode Summary: In this powerful episode of All About Bankruptcy, Oklahoma attorney Luke Homen explores whether student loans and taxes can be wiped out through bankruptcy. He focuses on tax dischargeability first, breaking down the types of tax debt that can be eliminated and how critical it is to file returns on time. From trust fund taxes and tax liens to Oklahoma’s more flexible treatment compared to the IRS, Luke delivers rea...

Episode Summary:

In this informative episode, bankruptcy attorney Luke Homen breaks down the key differences between Chapter 7 and Chapter 13 bankruptcy, helping listeners understand which option might be best for their situation. He explains how income levels affect eligibility, discusses asset protection, and reveals unexpected benefits of each bankruptcy type.

Key Timestamps:

00:00 - Introduction

00:34 - Luke's personal experi...

EPISODE SUMMARY:

In this debut episode, Oklahoma bankruptcy attorney Luke Homen demystifies common misconceptions about bankruptcy and explains how it can be a powerful tool for financial recovery. Luke shares insights on debt forgiveness, credit repair, and the various types of debt that can be handled through bankruptcy, while offering hope to those struggling with financial difficulties.

KEY TIMESTAMPS:

00:00 - Show Introducti...