Springdale Bankruptcy Attorneys

Call to Explore Your Debt Relief Options

Though you may feel underwater because of mounting debt, it is never too late to seek relief file through bankruptcy. Martin Attorneys, PA have been meeting the bankruptcy needs of clients since 1989. Our bankruptcy lawyers in Springdale have helped more than 5,500 households in Northwest Arkansas with bankruptcy and other debt or tax problems.

If your bills have you down, or if the bank is threatening to take your house – contact us for assistance. If you are having problems like a loan company towing your car or the IRS wants to take a big chunk out of your paycheck for back taxes, you need a qualified firm who supports the Springdale, Arkansas area.

Call (479) 888-2039 to learn how we may be able to help you too.

Chapter 7 vs Chapter 13

Many people are often unsure of which bankruptcy they should file for, or if bankruptcy is even the right option for them. We encourage you to contact one of our Springdale bankruptcy attorneys so that we can review your eligibility and help you decide the right bankruptcy to file based on your situation.

Below are the major differences between Chapter 7 and Chapter 13.

Chapter 7

• Nonexempt property is sold off to repay creditors
• Timeline can be around 3 to 4 months
• Eligibility is limited to those who can pass the Means Test - if your income is less than the state's median, you do not pass the test.

Chapter 13

• Creditors are repaid through a monthly repayment plan
• Timeline is usually 3 to 5 years
• Property is not liquidated
• There are no income requirements, but there maximum debt limits

Since bankruptcy laws have changed over the past few years, bankruptcy may not be the answer that it used to be. To find out for sure, call our experienced and professional Springdale bankruptcy lawyers at Martin Attorneys, PA.

Benefits of Filing for Bankruptcy

Bankruptcy can provide several advantages, such as:

• An automatic stay puts a halt to foreclosure, repossession, and wage garnishment
• Creditor harassment and credit collections are stopped
• Most debts are wiped out, including credit card debts, medical bills, personal loans, etc.

Martin Attorneys, PA uses federal law to protect our clients, offering alternative methods of debt repayment or debt liquidation, depending upon the client’s financial situation. We can end creditor harassment and restore your peace of mind.

Guiding You Through a Debt-Free Future

We are a full service bankruptcy firm that can assist with all types of bankruptcy and debt relief for clients. If you are facing overwhelming debt, we are ready to assist you, no matter what the situation.

Call our office at (479) 888-2039 to or request a consultation online.