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Hatfield Harris, PLLC
  • Home
  • About
  • Practice Areas
    • Bankruptcy
    • Business Law
    • Civil Litigation
    • Criminal Law
    • Estate Planning And Administration
    • Family Law
    • Personal Injury
    • Taxation
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Learning more about consumer bankruptcy

On behalf of Hatfield Harris, PLLC | Jan 27, 2021 | Chapter 13, Chapter 7

According to recent statistics, the average American held more than $90,000 in consumer debt in 2018. The average balances of most major types of debt, all except for personal loans and home equity lines of credit, have grown substantially over the past decade....

Chapter 13 bankruptcy for business owners

On behalf of Hatfield Harris, PLLC | Oct 23, 2020 | Chapter 13

Entrepreneurs in Arkansas don't like to think about the possibility of bankruptcy, but the truth is that everyone in the business world should have some understanding of how bankruptcy works. It's always preferable to have a plan for the worst, particularly during a...

Debts may be paid outside of a Chapter 13 plan

On behalf of Hatfield Harris, PLLC | Oct 5, 2020 | Chapter 13

By filing for Chapter 13 bankruptcy, an Arkansas judge will put an automatic stay of creditor collection activity in place. Over a period of three or five years, you will make payments to your creditors in accordance to a plan that you create. However, there is a...

Budgeting and payments to the bankruptcy trustee

| Nov 26, 2019 | Chapter 13

Filing for a Chapter 13 bankruptcy means that you are trying to get back on your feet financially. In order to have the case discharged, you have to make payments to the bankruptcy court. This means that you are likely going to have to cut your expenses down to the...

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