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A Basic Guide to Consumer Bankruptcy Part I
Bankruptcy can feel overwhelming, but it provides many individuals a path toward financial relief and a fresh start. This two-part series offers a clear overview of consumer bankruptcy, focusing first on Chapter 7 bankruptcy, one of the most common types…
Arkansas Court of Appeals Clarifies Statute of Limitations for the Enforcement of Mortgage Debt
In a big win for creditors on May 31, 2023, in Wilmington Savings Fund Society d/b/a Christiana Trust, Trustee for BCAT 2015-4-BTT v. Milton A. Smith, 2023 Ark. App. 326, the Arkansas Court of Appeals held that: (1) a 1989…
Local, State, & Federal Requirements for Arkansas Small Businesses
When you start or operate a small business, there is so much to consider inside the walls of your business that it is easy to forget about things that need to occur outside of them. Those outside things often come…
What You Need to Know About Federal Student Loans
Facing overwhelming debt can be scary, making it no surprise that student loan debt is a primary source of stress for many people. Knowing your options will help alleviate that stress and help you regain control of your finances. In…
A Basic Guide to Consumer Bankruptcy Part II
This post continues the overview of consumer bankruptcy. For a full overview of individual bankruptcy, please see Part I of this series. Today, we are discussing Chapter 13 bankruptcy. Chapter 13 The alternative to filing under Chapter 7 is to…