Drivers on Arkansas' roads must be fully sober and able to operate the vehicle. When a driver is impaired, there is a chance that they will face criminal charges. These are serious matters because the penalties are strict. For almost all circumstances, finding another way home is a better idea so that you don't have to risk driving drunk.
You've wanted to open a business for some time, but you worry that you won't be able to get the capital you want. You're worried because of your past run-in with debt and 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.
Making a minimum payment on your credit card each month is the worst way to pay it off. While it does keep you current, it's likely to lead to many years of debt instead of making a clean payoff quickly. Interest rates add to your bill every month, making your minimums too low to bring down the principal balance much at all.
Medical debt often comes unexpectedly, especially when it is due to an emergency. This is something that you can't plan for, but medical providers might expect you to be able to pay exorbitant bills as soon as you receive them. Not many people can do this.
The Chapter 13 bankruptcy is one that you have to be prepared to deal with for a long time to come. This isn't as fast as the Chapter 7 because you have to make payments when you file the Chapter 13. It isn't necessarily easier to file this form since you have to meet specific requirements.