Maybe you have big medical bills after an unexpected illness last year. Perhaps one of your credit cards is over the limit and past due. When you are behind on repaying a debt, your creditor could potentially take you to court. The first step in that process is legal...
Personal Bankruptcy
Bankruptcy leads to an automatic creditor stay
Aggressive collection actions could make life even more stressful for someone dealing with debt. Even if the collections process is fair and professional, an Arkansas debtor might still find the process overwhelming. Someone unable to pay past due accounts might find...
Is debt relief worth ruining your credit score?
If you are dealing with debt and struggling to pay it off, one of the options you might look into is bankruptcy. Bankruptcy will help you get your debt under control, but it does have the potential to negatively impact your credit score, too. While many people do...
What assets could creditors take during bankruptcy?
Excessive debt could leave Arkansas residents struggling financially. When the debt far exceeds the ability to repay the obligations, filing for bankruptcy could provide a solution. With bankruptcy, collection actions cease, and a debtor could work on commencing a...