How Personal Bankruptcies Work and What Happens After Filing

After filing for personal bankruptcy, the court will freeze most of your financial assets, and you’ll be granted an automatic stay (meaning creditors cannot pursue your debts). From there, the court will assign your case to a trustee, and that person will organize a Meeting of Creditors to alert them of your filing.

Marriage and Bankruptcy in Arkansas

There are many facts – along with a lot of myths – out there about couples filing for bankruptcy during a marriage. This post highlights a few different things married couples in Arkansas should consider before pursuing bankruptcy.

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.

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.