Chapter 7 Bankruptcy Lawyers Who Care About Your Best Interests
If you’ve fallen behind on your bills, the constant creditor calls and letters can feel overwhelming. At Hatfield Harris, PLLC, we help clients in Rogers and throughout Northwest Arkansas stop creditor harassment, prevent wage garnishment and stop repossessions through Chapter 7 bankruptcy.
Filing for Chapter 7 can also stall the foreclosure process, giving you the time you need to come current on mortgage payments or sell your home.
Stop creditor harassment, eliminate your debts and regain control of your life. Contact Hatfield Harris, PLLC, for help.
Personal Bankruptcy Attorneys Giving Clients A Clean Slate
When unexpected life events – such as lost jobs, divorce or illness – make it difficult to make ends meet, many people turn to credit cards to keep up with the daily costs of living. As credit card debt increases, it is easy to fall further and further behind. There is a way out. Filing for Chapter 7 bankruptcy will eliminate your debts and give you the fresh start you deserve.
At Hatfield Harris, PLLC, our lawyers carefully evaluate each client’s debts and assets to determine whether filing a Chapter 7 bankruptcy will offer them the best path to debt relief.
Chapter 7 often provides individuals with the fastest and most efficient way to eliminate debt. In order to file for Chapter 7, individuals must qualify under the “means test.” This is a two-part test that evaluates both your average monthly income and the amount of your debts.
If you do not qualify for Chapter 7 because your income is too high, or if you have substantial assets you want to protect, a Chapter 13 filing may be a better solution.
Eliminate Your Debts, Keep Your Property
Commonly referred to as a “liquidation bankruptcy,” many people believe they will be forced to sell all their assets during a Chapter 7 bankruptcy – this is far from true. Chapter 7 has exemptions that shield many properties from creditors. Most people are able to complete the process with all their assets intact.
If you are struggling with debt, we can help. Contact Hatfield Harris, PLLC, at 479-250-1962 to speak with an experienced Rogers Chapter 7 bankruptcy attorney. We offer flat fees and free consultations.
We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.
Related Posts
What happens when you file for Chapter 7 bankruptcy?
For some people in Arkansas, filing for bankruptcy is viewed as a personal failure. However, bankruptcy doesn't have to take a massive emotional toll on your life. It can simply be a way to discharge your debts and start fresh with a clean slate. Here's a rundown of...
Judge denies sale of claims in bankruptcy case
Citing concerns about the wording of the sale motion, a judge blocked the sale of the trustee’s rights in a former high-profile real estate developer’s bankruptcy case. The Arkansas developer’s legal claims were sold to an investment company in an auction in June. In...
Student loan debt crushes some borrowers
People who have more debt than they can handle will sometimes turn to bankruptcy for a fresh financial start. This is beneficial to many, but some might find that they don't get as much relief from the filing as they expected. A study done by LendEDU of 1,083 filings...
Can you qualify for Chapter 7 bankruptcy without a low income?
When you're struggling to make ends meet, one of the things you may want to consider is Chapter 7 bankruptcy. Liquidation bankruptcy, as it is also known, can be a great way to get out of debt without having to start over completely. In Chapter 7 bankruptcy, there is...
Why is there a stigma when people choose bankruptcy?
Many people worry about filing for Chapter 7 bankruptcy. They think that it will make them look like they were simply bad with money or as if they're just trying to rid themselves of past debts without paying back what they owe. That's not the best way to look at...
Get to know how bankruptcy can help you eliminate debt
Chapter 7 bankruptcy is one kind of bankruptcy you can choose if you are struggling to pay your bills and are overwhelmed with debts. Chapter 7 bankruptcy isn't the only option, but it is the type of bankruptcy most people think of when they consider entering into...
Myths about Chapter 7 bankruptcy
Chapter 7 bankruptcy is known as the liquidation bankruptcy because many of your assets are sold off to pay your debts. Even though this is a fairly common form of bankruptcy, there are still many myths that surround it. One thing that you can't believe is that all...
What does the court want when you file for bankruptcy?
When you choose a Chapter 7 bankruptcy, you need to understand what liquidation bankruptcy means. You'll need to file your case with the court and pay a fee to do so. The court will ask for several things. First, the court will want to see a schedule of liabilities...