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,...
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...
| 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...
| Oct 21, 2019 | Chapter 13
When you file a Chapter 13 bankruptcy, you have to make sure that you are ready to live on a budget. The case has a major impact on your finances because you will have to pay the bankruptcy court on a set schedule. Making sure that you can make ends meet during this...
| Sep 27, 2019 | Chapter 13
Chapter 13 bankruptcy is a type of bankruptcy that allows you to make payments on the debts you owe over time. The bankruptcy lasts between three and five years, during which time you pay a set amount each month toward the debts you owe. At the end of the bankruptcy,...
| Jul 29, 2019 | Chapter 13
Chapter 13 bankruptcy is a wonderful tool for those who have too much of an income to qualify for Chapter 7 liquidation bankruptcy. Chapter 13 bankruptcy is special, because it requires you to make payments for three to five years. You’ll make those payments on...
| Jul 18, 2019 | Chapter 13
The decision to file for Chapter 13 bankruptcy isn’t one that is made lightly by filers. It usually takes a lot of debt and the exhaustion of all other options before most people file. Often, there are other circumstances that play a part in the need to use this...
| Jun 20, 2019 | Chapter 13
Some people associate bankruptcy with the ability to just have debts written off. What they don’t realize is that there are different types of bankruptcies. A Chapter 13 bankruptcy is one that a person can file if they have too many exempt assets or an income...
| Jan 25, 2019 | Chapter 13
A Chapter 13 bankruptcy is a way that you can reclaim your finances if you are too deep in debt. In this form of protection, you will have to make payments to the bankruptcy trustee. These are used to pay off some of the debts that you owe. During the process, a...
| Dec 18, 2018 | Chapter 13
Chapter 13 bankruptcy is an option if you make too much money to go through a Chapter 7 bankruptcy. This form of bankruptcy allows you to make installment payments over the course of three to five years. During that time, a trustee takes the single payment and pays...
