Chapter 12 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 12 Bankruptcy

Chapter 12 bankruptcy offers a solution for family farmers, timber cutting and fishermen who are experiencing financial hardship during these times. Chapter 12 bankruptcy was implemented as a way to offer relief for professionals in these industries because of financial problems. Chapter 12 bankruptcy petition is filed, the debtor can pay back their debts without the threat of creditors and collectors taking legal action against them. If you are a family farmer or fisherman in need of debt relief, reach out to our experienced bankruptcy attorneys to discuss your options.

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Common Questions About Chapter 12 Bankruptcy

  • What does it mean to file chapter 12 bankruptcy?

    Chapter 12 is designed for farmers or fishermen with regular annual income.

  • How long does Chapter 12 bankruptcy stay on your credit report?

    Chapter 12 will stay on a credit report for seven years.

  • Why choose chapter 12 bankruptcy?

    The most common reason individuals or companies file Chapter 12 is to protect their operations from disruption or collapse due to creditor debt collection activity.

  • Can the debtor issue payroll checks on its regular paydays in Chapter 12?

    Yes, they can but before payroll can be issued, it may be necessary to file a motion with the bankruptcy court to obtain approval to use any funds.

If you believe you are in need of chapter 12 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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