Bankruptcy Terminology Glossary with Definitions

Bankruptcy Terminology Glossary and Definitions

Bankruptcy Terminology can be confusing and frustrating even for fellow lawyers that don’t typically work inside the field. To non-attorneys, it can come across as straight gibberish! Below is a list of commonly used terms with their definitions as they apply to bankruptcy cases. For more information on Bankruptcy Terminology and the Bankruptcy Process, visit here: http://bankruptcyofarkansas.com/what-is-bankruptcy/.…

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What is Chapter 13 Bankruptcy in Arkansas

Chapter 13 Bankruptcy in Arkansas

Financial hardships can strike any person at any given moment in time leading you to consider a Chapter 13 Bankruptcy. Common cases we see stem from divorce, unexpected unemployment, sudden and exorbitant medical expenses or a number of other causes each unique. These hardships can quickly drain your cash reserves and become a drain, not only to your finances,…

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