What are the specifics to file a chapter 7 bankruptcy in Arkansas? Are there any exclusions as to what can be filed?
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What are the specifics to file a chapter 7 bankruptcy in Arkansas? Are there any exclusions as to what can be filed?
This question will take about a 4000 page book and the rules changed greatly this year. To file, you have about a 40 page group of forms that are to be filed out, there are pages of allowed exemptions as to money in bank, equity in cars and home. You need to see a bankrutpcy attorney, I will be frank, if you have to ask this question, you will not be able to file your own most likely, I used to help people file in years past, was even told by one judge that he wished the attorneys officies did as good as work on the paper work as I did. But I would not even start trying to do one today because of all of the changes.
I will give you an example, I had one that was going on, I talked to 5 different attorneys who do nothing but bankruptcy, I got three different answers, even the experts don't agree on some issues.
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