Will I lose my house or my car?

In the vast majority of our Springdale cases, no. Arkansas offers generous exemptions. If you are current on your payments, you can usually keep your home and vehicle through a “Reaffirmation Agreement.” If you are behind, a Chapter 13 plan can help you keep them.

Does everyone in Springdale find out I filed?

Bankruptcy is a public record, but it is not published in the local newspaper like it was decades ago. Unless someone specifically goes looking for your filing in the PACER (Public Access to Court Electronic Records) system, it generally remains private.

How does the “Means Test” work in Arkansas?

To qualify for Chapter 7, your income must be compared to the median income for a household of your size in Arkansas. If you earn above the median, we perform a complex calculation of allowed expenses to see if you still qualify.

Can I discharge my student loans?

While traditionally difficult, recent changes in Department of Justice guidelines have made it more feasible to discharge student loans if you can prove “undue hardship.” We can evaluate your specific situation during your consultation.

What is the “341 Meeting”?

This is the Meeting of Creditors. It sounds intimidating, but it is usually a short, 10-minute meeting with a Trustee (not a judge) to verify the information in your petition. Our attorneys will be by your side the entire time.