Although bankruptcy filings were at a low percentage of the population last year, the signs of heavy credit card use, increasing medical bills and rising prices portend an increase next year. Interestingly, it is also true that bankruptcy filings in certain states and...
Personal Bankruptcy
Debt management plan can be inferior to filing bankruptcy
Nonprofit consumer credit counselors play a useful part in the debt relief industry in Arkansas and nationwide. They are generally honest players in a sector that includes fraud, deception and greedy scams meant to benefit a so-called debt relief company and not the...
Bankruptcy myths are easily refuted by basic research
There are many fallacies about bankruptcy that keep the public in Arkansas and elsewhere confused about the impact and value of this consumer remedy. The best way to debunk those false stories and urban legends is to consult with an experienced consumer bankruptcy...
Severe unsecured debt load may incur need for bankruptcy relief
Most Americans, including Arkansas residents, strive to have sufficient resources to live comfortably while maintaining a healthy savings cushion that will cover unexpected financial emergencies. However, the Federal Reserve reports that nearly half of American...

