Chapter 7 bankruptcy can be beneficial because it is effective and efficient. If your case is considered a “no asset” bankruptcy, you will not lose property or possessions to pay off your debt. You keep your belongings. In addition, most of your unsecured debt is discharged or wiped away, including:

• Charge cards
• Medical bills
• Signature loans
• Old taxes
• Deficiencies
• Repossessed autos

You may want to consider a Chapter 7 if you are not burdened by unmanageable taxes, student loans, or past child support and if you are current on your home, car, furniture and other secured debts, and will be able to stay current on these debts after the other bills are eliminated.

The economic downturn in the United States has had serious consequences for individuals. Whether you are facing financial hardship because of job loss, a furlough, divorce, health issues or another reason, the bottom line is the same. If you do not have enough money, you simply cannot pay your bills. Let our attorneys help you find another option. At the Dickerson Law Firm, P.A., we assist individuals who are experiencing financial hardship — good and hardworking individuals like you. With four locations in El Dorado, Hot Springs, North Little Rock, and Pine Bluff, our lawyers work hard to help individuals in south Arkansas find a fresh financial start. If you are feeling overwhelmed and burdened by your mounting debt and inability to pay your bills, our law firm can help. Contact an El Dorado, Hot Springs, North Little Rock, or Pine Bluff Chapter 7 bankruptcy attorney by calling us at 1 800 STOP DEBT.

You Have a Legal, Moral and Ethical Option — Bankruptcy

Our law firm offers two options for individuals who are experiencing financial hardship. We assist clients with Chapter 7 and Chapter 13 bankruptcies. Each type of bankruptcy has benefits, and the type that you decide to use is based on your circumstances. If you are not sure if bankruptcy is a viable option for you, come to speak with our attorneys — we will take the time to assess your case.