Navigating financial challenges is often challenging. Many people consider bankruptcy as a viable option to overcome their financial problems. Understanding bankruptcy law in Arkansas helps those facing economic hardships decide if this option is the best choice. The...
Personal Bankruptcy
Balance transfers are not a debt solution that works for most
It only takes an increase in personal spending or a sudden drop in income for someone's credit card debt to become problematic. When you can no longer pay off your full balance every month, you will pay quite a bit in interest. You are also at risk of expensive fees,...
Should you consider bankruptcy before or after divorce?
You and your spouse have always argued over money, but the problem has reached a point where you no longer want to be together. Now that you’re divorcing, one of your questions is if you should handle the debt before or after you divorce. There are two scenarios that...
Steps to take after filing for bankruptcy
Filing for bankruptcy can give you the fresh start you need regarding your finances and financial situation. While this is true, there are certain things you should do after filing to start rebuilding your credit and to ensure you don’t fall back into the same bad...