Chapter 11 Bankruptcy Options in Little Rock, Arkansas

We know it can be hard to find the right financial solutions. We are here to answer your bankruptcy questions and address any concerns you might have about your bankruptcy options here in Arkansas. We deliver committed bankruptcy representation to those who are in need of a steady hand while dealing with financial solution concerns. If you are eligible for bankruptcy and after reading the information below believe it is the right path for your financial journey then contact us today to learn about the options you could have here in Arkansas.

Is Bankruptcy the right option for you?

Some signs that you could benefit from bankruptcy options in Arkansas are that you are facing a lot of debt, experiencing wage garnishing, you cannot manage your monthly payments, facing home foreclosure or vehicle repossession. These are all problems that can he helped, you have options to help you file for bankruptcy in Arkansas.

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Chapter 11 Bankruptcy

Chapter 11 bankruptcy is essentially allowing your company to regain control of its debt. Chapter 11 Bankruptcy is a way for viable businesses to secure additional time to meet their debt obligations and to reorganize debts so they can get on track. A business may be able to negotiate new payment schedules and negotiate agreements with creditors or collectors to resolve problematic debt and reduce payments. The best part is we plan on helping you continue to operate and not require the oversight of a trustee unless such business has engaged in fraud or mismanagement in the past.

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Common Questions About Chapter 11 Bankruptcy

  • Who can file for chapter 11 bankruptcy?

    When a company is in danger of going out of business due to accrued debt, and it needs state and federal assistance to keep it from doing so.

  • What are chapter 11 document requirements?

    A lot goes into what you will need. But to start you will need a Balance sheet, Statement of operations, Cash flow statement, and Federal income tax return.

  • Can chapter 11 bankruptcy be denied?

    Yes, work with your attorney to figure out the best way to file your petition for chapter 11 bankruptcy in Arkansas and they can help figure out the best plan to move forward.

  • What debts are dischargeable in chapter 11 bankruptcy??

    Business debts, Credit card bills, Back rent, Medical bills, Business loans, and Personal loans.

If you believe you are in need of chapter 11 bankruptcy legal services in Little Rock and White Hall, Arkansas, we encourage you to contact The Stanley Havner Law Firm for a free consultation.

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