Arkansas Debt Liquidation Lawyer
There are many paths that lead toward overwhelming debt. For some, it is a major illness or serious accident. For others, it may be the loss of a job. For still others, it could be skyrocketing interest rates on credit card debts. No matter what the reason, there are ways for you to accomplish debt relief and get a financial fresh start.
At The Henry Firm, P.A., we understand the stress that can come when one is drowning in debt. We work with you to find a debt relief option which may or may not be a chapter 7 bankruptcy.
To learn more about your debt relief options, including bankruptcy, please contact our Little Rock bankruptcy chapter 7 attorney at 866-533-0553 or 501-859-6170 or send our law firm an e-mail.
The Benefits of Chapter 7 Bankruptcy
There are immediate benefits to filing a Chapter 7 bankruptcy, as well as some long term considerations. When you schedule an appointment at our law office and we review your financial situation, we will be able to let you know if bankruptcy is right for you. If you pass the means test, then a Chapter 7 bankruptcy may be your best option. If you do not pass the means test, a Chapter 13 bankruptcy might make more sense for your circumstances.
A Chapter 7 bankruptcy will:
- Stop creditor harassment
- Halt foreclosure proceedings temporarily
- Stop wage garnishment
- Stop repossessions
- Eliminate credit card debt
- Liquidate medical bills and other unsecured debt
You may keep or protect some assets including:
- Your house or condominium (payments must be current)
- Life insurance policies and assets
- Retirement accounts such as IRA, 401(k), Keogh, pension or annuities
- Clothing, furniture and personal items
You must still repay some debt including:
- Government debts like taxes
- Child support or spousal support payments (modifications are an option)
- Student loans
Every individual is different, and so too is his or her financial situation. We would be happy to discuss your options with you.
When Integrity Is Your Bottom Line ∙ Contact Us
If integrity and honesty are as important to you as is experienced legal representation, then please call 866-533-0553 or 501-859-6170 to speak with our attorney, or send an e-mail to our law firm. We look forward to helping you with your legal issue.
"Life is a succession of lessons which must be lived to be understood." — Ralph Waldo Emerson
We are a debt relief agency. We help people file for bankruptcy relief under the United States Bankruptcy Code.
