Bankruptcy & Debt Management
Bankruptcy & Debt Management
Professional Bankruptcy Lawyers in Arkansas


Bankruptcy Lawyers with locations in Fayetteville & Little Rock, AR.
Everybody, at some point in life, experiences difficult times – everybody. Many common setbacks that we experience in life are a result of bankruptcy & debt management problems. Additionally, financial problems are often a result of common setbacks. However, it is important to remember that the cycle of money issues is only temporary and can be broken. Issues with finances crop up for all different kinds of people and all kinds of reasons. They are nothing to be ashamed of – sometimes things just don’t work out the way we hoped, and that’s ok.
Many of the world’s most financially successful people have filed for bankruptcy or received help with debt relief. They didn’t become financially successful by staying in a rut when faced with money woes – they used tools available to them under the law (such as various bankruptcy options) to better their situation, move on, and make a fresh start.
It’s our goal at ARlaw to help you climb out of your financial rut. We want to be your partners in getting off the treadmill of high interest payments, late fees, and being pursued by creditors, and back on the path to achieving your life goals free of worry.
Our attorneys have extensive experience practicing in the Federal Bankruptcy Courts in Arkansas. In fact, ARlaw Partners attorneys have extensive Chapter 7, Chapter 11 & Chapter 13 bankruptcy filings.
Chapter 7
The most common type of bankruptcy is a “Chapter 7” bankruptcy. Filing Chapter 7 is a process where dischargable debt is wiped away for a clean slate. once all the necessary pleadings are filed and hearings held. Typically, this process only takes about 90 days. Chapter 7 eliminates most debt, with the exception of legally non-dischargable debt such as taxes and student loans. The Bankruptcy Code even allows people who take advantage of Chapter 7 bankruptcy to keep a certain amount of their own property while ridding themselves of debt – part of our jobs when partnering with clients is to make sure you know what property may or may not be taken before even starting the process of filing.
Chapter 13
Also known as a “reorganization,” a “Chapter 13” bankruptcy is a system where debt is consolidated into one, singular payment made each month for a period of three to five years. While using the Chapter 13 tool can be a longer process, it has great benefits, including possible reduction of interest rates (all the way to 0 percent for certain kinds of debts), possible reduction of the total amount owed on items that have been financed, and elimination of debt just like in a Chapter 7.
Chapter 11
The “Chapter 11” bankruptcy is the type of bankruptcy option used primarily for businesses that have large amounts of unsecured debt and are financially overwhelmed, however, are still operating and viable, and wish to continue operations – just with their debt more organized, restructured and less burdensome.

Serving Arkansas Residents
We’ve helped over 10,000 families across Arkansas find a financial fresh start.

Your Arkansas Law Firm
ARlaw Partners has two convenient offices in Little Rock & Fayetteville, AR.

Get Debt Relief Today
Contact ARlaw Partners for all of your bankruptcy and debt relief needs.
Common Financial Issues & Solutions
It’s our goal at ARlaw to help you climb out of your financial rut. We want to be your partners in getting off the treadmill of high interest payments, late fees, and being pursued by creditors, and back on the path to achieving your life goals free of worry.
I have more credit card debt than I can ever repay
With high interest rates and often-changing terms, it is very easy to get overwhelmed by credit card debt. Fortunately, for those who qualify, credit card debt is completely dischargable in Chapter 7 bankruptcy and can be reorganized into affordable monthly payments with 0% interest in Chapter 13 bankruptcy.
I am behind on payments for something financed that I need to keep
If you got behind on payments during a rough patch and things are looking up but your lender isn’t working with you, we can help. We can reorganize the loan and have the amount you’re behind be paid off over time instead of all at once.
I am behind on my taxes
Tax troubles can invade every area of your life. Penalties and interest can make it seem that you’ll never be able to get out from under Uncle Sam’s thumb. Fortunately, the law provides a system where federal tax debt can be paid without penalties and at 0% interest.
I owe more on my car than it is worth
Depreciation and high interest rates make it easy to get in a tough spot with car ownership. In almost all situations, we can force a reorganization of the car debt in order to lower both the interest rate and payment. In certain circumstances, we can actually lower the amount you owe on the car to its actual NADA book value. If you no longer want the car, we can send it back to the creditor and you can walk away from the debt as well.
I am worried that bankruptcy will ruin my ability to get credit
This concern is, for the most part, something that most people should not worry about. Odds are, if you have missed some payments or have been turned over to a collection agency, bankruptcy will not hurt your credit score. And while it is true that a bankruptcy is reported on a credit report for seven to ten years depending on the type that is filed, its actual affect on the score is a much shorter period – typically less than two years, depending on circumstances.
Client Testimonials
These client testimonials are actual comments. We strive to represent our clients with prompt, knowledgeable and caring service. We hope to receive similar positive comments from your experience with our law firm.