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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…
What’s the Best Use of Your Stimulus Check?
Is bankruptcy a wise investment of your stimulus check? It depends… The pandemic has caused high unemployment and underemployment. If you, like many Americans, have had to utilize credit cards or take on other debt, you likely use everything you…
What You Need To Know About Bankruptcy During COVID-19
No one decides to file for bankruptcy quickly. In our experience, most people do a lot of reading up on the process. This is even more true during the COVID-19 pandemic. Nothing is normal right now, including legal proceedings. If…
Student Loan Debt and Bankruptcy
Are you having trouble making student loan payments? There could be several factors affecting your ability to make the payments. The good news is, at The Law Group of Northwest Arkansas PLLC, we have knowledgeable bankruptcy attorneys experienced in student…
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…
A Basic Guide to Consumer Bankruptcy Part I
This post is Part I of a two-part series that will provide a brief overview of consumer (individual) bankruptcy. The goal of these posts is to provide background information and a glimpse of the bankruptcy processes. Chapter 7 Bankruptcy is…