One of the harshest urban legends about bankruptcy is the perception that those who file are trying to "game" the system or acting in bad faith to wiggle out of their obligations. Nothing could be further from the truth. Those who file bankruptcy here in Arkansas, and...
Month: March 2015
Tips on getting credit and a new mortgage after bankruptcy
There is no doubt that bankruptcy has some downside. In Arkansas and elsewhere, that consists mainly of a perceived devaluation of one's credit and the difficulty of getting future credit. Although that factor does exist, and despite the potential that a bankruptcy...
Traffic stop leads to search warrant and arrest for drug crimes
Traffic stops are an abundant source of drug arrests in Arkansas and nationwide. Some criminal defense experts argue that not all of these stops are really for random traffic violations. They argue that, occasionally, the authorities may stop a driver based on drug...
Let’s be honest: disclosure is important in bankruptcy
Earlier this month, a federal grand jury indicted a man with bankruptcy fraud. The charges were based on a failure to disclose to the bankruptcy court an inheritance that was valued at approximately $800,000. In this case, prosecutors claimed that it was more than...