A debt relief company promises to contact a person's creditors and work out a plan, often for pennies on the dollar, to pay off all debt in a matter of a few short years. Unfortunately, many people throughout the country, including in Arkansas, will choose this...
Personal Bankruptcy
Some debtors can get a student loan discharge in bankruptcy
There is a popular fallacy regarding the possibility of discharging a student loan in bankruptcy. It is generally thought that it is impossible or nearly impossible to discharge student debt. However, an academic research study published in the American Bankruptcy Law...
Bankruptcy judge rejects motion for surrender of debtor’s home
Generally, when a filer in Arkansas or elsewhere designates in the bankruptcy petition that the residential real estate will be surrendered, it's an indication that no fight will be put up when the mortgage holder brings a foreclosure action. In some cases, in fact,...
Bankruptcy filing relieves pressure-filled credit score
Filing for a personal bankruptcy to eliminate burdening consumer debt is no longer considered to be a shameful event that must be avoided at all costs. It is generally recognized these days, for example, that a couple in Arkansas or another state can obtain a mortgage...

