Bankruptcy Attorney Arkansas
Table Law - Martha Tucker Ayres
We help clients throughout Arkansas, including the areas of Little Rock, Benton, Bryant, Cabot, and Conway.
Take Control of Your Financial Future with Our Little Rock Bankruptcy Lawyer
Overwhelmed? Don’t know where to start? Take control of your financial future and schedule your free case consultation today. I’m a bankruptcy attorney in Arkansas and I help people file for Chapter 7 and Chapter 13 bankruptcies. Bankruptcy can save your house from foreclosure, stop a wage garnishment, and wipe out debt. Get valuable information today to decide what type of bankruptcy is right for you.
Why Choose Us?
Choose Table Law and start over. Stop harassment by creditors and other collection activities. I have a long track record of success, and I will strongly advocate for you. With nearly a decade of experience working directly for the state court system, I have a keen understanding of how things like divorce, disability, unemployment, judgments, liens, and garnishments can affect your life.
I proudly represent Arkansans from all corners of the state, and I am licensed to practice in U.S. Bankruptcy Court for the Eastern and Western Districts in Arkansas.
When you choose Table Law, I will walk with you through the legal process every step of the way. You can trust that I will provide you with a clear understanding of the debt relief options available to you.
- Chapter 7 bankruptcy cases
- Chapter 13 bankruptcy cases
- Civil Appeals
- Criminal Appeals
- Business and Commercial Litigation
- Limited Liability Corporations (LLCs)
Frequently Asked Questions
Most frequent questions and answers
Will I lose my home if I file for bankruptcy?
Possibly. If you have equity in your home, which is basically the amount you get to keep if you sold the home, and your equity is not protected by a homestead or other exemption, then you risk losing your home if you file for Chapter 7 bankruptcy. A Chapter 7 bankruptcy will only stay foreclosure on your home for a short period while your case is pending. If you want to file a Chapter 7 bankruptcy and keep your home, then your mortgage payments need to be current before filing AND a bankruptcy exemption needs to be available to protect the equity in the home. If you are behind on your mortgage payments and still want to keep your home, a Chapter 13 bankruptcy may be a better option. Chapter 13 permits you to catch up on your missed mortgage payments over five years.
Will I lose my car if I file for bankruptcy?
It depends. When you file for Chapter 7 bankruptcy, the court has power over almost everything you own. Car liens require special planning. Your options in a bankruptcy may include surrender, redemption, “retain and pay,” reaffirmation, and lien avoidance. The debt relief options available to you depend on your particular personal circumstances. If you signed documents loaning you money to buy a car (usually titled a “Retail Installment Contract”) this means that your car is collateral for a debt. Here are some questions to ask yourself about your car and bankruptcy:
- How important is this car to me?
- Will I need the car to help me start over after bankruptcy?
- How much would it cost me to keep the car?
- Would it cost me more to redeem the car than to replace it?
- If I want to keep the car and try to reaffirm the debt, am I sure that I have enough money to make my car payments after bankruptcy?
- If I am thinking about letting go of my car and buying a replacement car, will I need a loan to buy the replacement car? If so, will I be able to get a loan after bankruptcy?
What is a bankruptcy lawyer?
A bankruptcy lawyer is a lawyer who specializes in debt relief.
What types of bankruptcy does Table Law handle?
Chapter 7 and Chapter 13.
How much does a bankruptcy attorney cost?
The filing fee for a Chapter 7 bankruptcy is $338. You can expect to pay a lawyer at least $1500 to file a Chapter 7 bankruptcy for you. The filing fee for a Chapter 13 bankruptcy is $313. If you use an attorney to complete your Chapter 13 bankruptcy, you can expect to pay $3,500 or more in legal fees. Legal fees can vary and may be more depending on the complexity of your case and the particular type of bankruptcy chapter filed.
Can I file for bankruptcy on my own, or do I need an attorney?
You can file for bankruptcy on your own without an attorney. But bankruptcy law is complicated. If you represent yourself in a bankruptcy, you must comply with the rules that govern the practice of law in federal courts. When possible, you should hire an attorney to complete the process for you.
How long does the average bankruptcy process take?
Once your case is filed, it usually takes around three months. It may take longer in some cases.
How can a bankruptcy attorney help me?
A bankruptcy attorney can help you protect your property from debt collectors and get a court order that legally relieves you of personal liability for debts which can be discharged under federal law.