What Happens to Child Support Debt in Personal Bankruptcy?
Child support debt cannot be discharged in either personal bankruptcy filing. In some cases, a support obligation may shift resources from one debt to another, but it’s important to note there are no options to discharge or liquidate the debt.
Complications in Filing for Chapter 11 Bankruptcy in Arkansas
There are several downsides to think about when considering Chapter 11 bankruptcy. Business owners across Arkansas should review the factors listed in the post when making their own decisions about moving forward with the Chapter 11 process.
Things to Know About Social Security and Bankruptcy in Arkansas
Social Security and bankruptcy have a straightforward relationship, but there are essential things to know about how income affects the process in Arkansas. You should get to keep your benefits, but filers should undoubtedly understand at least the basics before moving forward with their potential case.
When Should You File a Business Bankruptcy in Arkansas?
There is plenty to think about for Arkansas business owners considering Chapter 7, 11, or 13 Bankruptcy. This post outlines three initial things to think about, along with broader considerations about the state of the business in question. In any case, Natural State Law is here to help.
What is the Difference Between a Living Will and an Advance Directive?
This post discusses some of the differences between an advance directive and a living will. Although they are largely the same, there are a few important things worth pointing out for Arkansas residents considering drafting these important documents.
How Do You Avoid Probate in Arkansas?
Avoiding probate in Arkansas primarily comes down to good estate planning. A little bit of pre-planning and foresight can save plenty of headaches down the road. Natural State Law is here to help advise through the entire process.
What Are the Advantages of Filing for Chapter 7 Bankruptcy?
This post discusses some of the advantages of filing for Chapter 7 bankruptcy. It’s a potentially viable option for those in serious debt in Arkansas looking for a way out to start over financially.
How Many Times Can You File for Bankruptcy in Arkansas?
There are different timelines to consider within the Bankruptcy Code regarding how many times you could file for a personal or business bankruptcy. This post discusses how many times you can file for bankruptcy in Arkansas.
Will Creditors Show Up to My Meeting of Creditors?
In most cases, the 341 hearing is a lot less intimidating than it sounds. Unless there are significant issues or remaining assets, creditors will likely not show up, and the Chapter 7 or 13 bankruptcy filing will move along as planned.
How To Keep Your Home Through a Bankruptcy In 2021
There are ways to keep your home through bankruptcy, but they need to be done within the guidance of a qualified bankruptcy attorney. There are routes for home protection through Chapter 7 or Chapter 13, but both need to be done with great care.