Rogers, AR Bankruptcy Attorneys
LEADING ARKANSAS & OKLAHOMA BANKRUPTCY ATTORNEYS
Are you drowning in debt?
Do you avoid opening your mail?
Do you ignore calls from an unknown caller out of fear it will be a bill collector?
If you answered yes to these questions, bankruptcy may be a solution for you. Let our experienced bankruptcy attorneys develop a reorganization plan to help get you back on track.
Generally, there are two main types of bankruptcy applicable to individuals. Which one will work the best for you depends on your overall financial situation and the type of debt you have. Bankruptcy law is complicated. Don’t go through it alone.
General Bankruptcy Law
Generally, there are two main types of bankruptcy applicable to individuals. Which one will work the best for you depends on your overall financial situation and the type of debt you have.
- Chapter 7 Bankruptcy
- Chapter 13 Bankruptcy
Contact us Today for Help, You’ll be Glad You Did.
Caddell Reynolds has been serving Arkansas & Oklahoma clients for many years. Our experienced Rogers bankruptcy attorneys are dedicated to finding solutions to problems for our clients. We want you to gain a fresh start in life, free of overwhelming debt. Contact us at one of our offices near you for a free consultation.
211 Second Street, Rogers, AR 72756
Contact us today to schedule a free consultation about your case at our Rogers office, which is located at 211 Second Street, Rogers, AR, 72756. We can also meet at a location that is more convenient for you.
To schedule a free consultation with one of our attorneys, fill out the contact form at the bottom of this page, or call Caddell Reynolds Injury Law at 800-671-4100.
Rogers is a city in Benton County, Arkansas. Located in the northwest portion of Arkansas, it is part of the Fayetteville-Springdale-Rogers Metropolitan area, and contains a population of 55,964 citizens. This makes it the eighth most populous city in the state. The city gets its name from Captain Brent Elliott Rogers, who was vice president and manager of the Frisco Railway.
Rogers Legal Resources:
Arkansas Bar Association– The ArkBar represents its members’ interests, provides money-saving services, promotes the profession, and alerts members to the issues created by proposed legislation that affect their law practice.
Benton County Clerk – The Benton County Clerk is responsible for licensing and certifications, including marriage, in addition to voter registration and elections. The County Clerk also serves as the court secretary for the probate and county court, as well as additional duties to the quorum court.
Benton County Courts Office – The Benton County Courts Office handles data entry of files with regards to the court, maintenance of the files for all courts, and maintenance of the dockets for the Circuit Judges.
The Most Common Reasons People Go Bankrupt
When you contact a lawyer and begin filing for bankruptcy in Arkansas, it can feel a little like you are the only person who ever goes through the process. Think again.
Somewhere around 1.5 million people file for bankruptcy every year in the United States. While every person has a story to tell about how they went upside down with their finances, there are several common reasons that people go bankrupt and need the help of a bankruptcy lawyer.
For instance, maybe you are facing bankruptcy because of medical expenses. Over 60 percent of personal bankruptcies are for this very reason – despite the fact that some 78 percent of people filing bankruptcy for this reason had medical insurance. The simple truth is that even when you have savings, retirement accounts and assets to liquefy, it sometimes still isn’t enough to handle the costs associated with a medical condition or serious injury.
The second big reason that people go bankrupt is that they lose their jobs. This issue can manifest in a few different ways. While the loss of income is always going to be a bit jarring, what comes next is often the real challenge. Severance packages are increasingly less common and unemployment only pays a fraction of what you were originally earning. Having an emergency fund can help bridge the gap, but only temporarily, and you may have more expenses, like COBRA insurance or job hunting costs. Turning to credit cards is often the only way to make ends meet. Even if you do find a job that pays as much or more than you made before, the damage is done.
MAJOR UNEXPECTED EXPENSES
Finally, there are the unexpected expenses that crop up. Whether the issue is a divorce, storm damage to your home or a car that dies after you have it paid off, it can be difficult to budget for these expenses. Divorce carries so many legal fees that it can make affording to leave your marriage a real difficulty (to say nothing of the loss of household income that comes when you divide a home). Unexpected damage to your property can be expensive to repair and may not be covered by your insurance plans. Even if you have savings set aside, it only takes one major event to wipe that out.
Reckless spending is rarely a reason for filing for bankruptcy in Arkansas. Most people experience high medical bills, job loss or major unexpected expenses and just have a hard time getting ahead afterward.
If your bills have gotten out of hand, don’t be afraid to talk to a bankruptcy lawyer today. If you want to learn more about how Nolan Caddell Reynolds can help, contact our office at 866-242-0452. Our lawyers are ready to work for you.