There are many college alumni living in Arkansas who are under their student loan debt. Many of these individuals have debt from loans that are over six figures in total, making it seemingly impossible to pay off the debt. Thankfully, many lawmakers are considering a...
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...
