Many hard-working American families find themselves in a repetitive cycle of overwhelming debt that has spiraled out of control. This is related in part to a poor job market, low hourly wages, health care insurance that refuses to pay for essential services and...
Personal Bankruptcy
Bankruptcy gives powerful remedies for those who qualify
There are two major options that consumer debtors in Arkansas and other jurisdictions can select between when contemplating a bankruptcy filing. They are Chapter 7, the liquidation or 'straight bankruptcy' section, and Chapter 13, the reorganization section. Chapter 7...
Bankruptcy can help to preserve a qualified retirement plan
It is becoming clear that there is a crisis nationwide and in Arkansas among many persons who are moving into the retirement stage of life without having prepared a sufficient retirement fund and a retirement financial plan. Additionally, it is harder to set up an...
Bankruptcy does not rule out new credit or credit repair
For residents of Arkansas and other states, there is no doubt that having a bankruptcy on one's credit report will send the credit score downward. However, it does not mean that new credit will be impossible to obtain. It also does not mean that one's credit record...

