Bringing Solutions to the Table
We help clients throughout Arkansas including the areas of Little Rock, North Little Rock, Maumelle, Alexander, Benton, Bryant, Cabot, Conway, Searcy, and Beebe
Welcome To Table Law
Welcome to Table Law, a small client-centered firm where personal connection is our strength. When you call, you talk directly to us.
Legal Services
Consumer Bankruptcy
Guiding people through Chapter 7 and Chapter 13 bankruptcy with compassionate support and expert advice
Over a Decade
Experience in the legal profession
Optimal Results
Cost-effective legal strategies with maximized outcomes
Collaboration
Building legal relationships
Integrity
Trusted ethics, exceptional advocacy
Blog
Many people think bankruptcy will destroy their credit forever. The truth is, bankruptcy can actually help you rebuild. By wiping out most of your debt, it gives you a clean slate and instantly improves your debt-to-income ratio. Negative accounts also stop dragging down your credit report. After bankruptcy, lenders see that you have less debt and more ability to handle new credit. With good habits, many people are surprised at how quickly their credit improves. In fact, after just two years, bankruptcy will no longer stop you from qualifying for a home loan. Bankruptcy isn’t the end — it’s a reset and a chance to move forward with life.
If you are feeling buried in debt, you might be searching for answers online. One of the most common questions people ask is, “What is Chapter 7 bankruptcy?” Don’t worry—we’re here to help. What Is Chapter 7 Bankruptcy? Chapter 7 is a way to get rid of some or most of your debt. It’s often called a “fresh start.” Chapter 7 is also known as liquidation. That is because when you file Chapter 7, the Court-appointed Trustee temporarily owns all of your property. For example, suppose you own luxury items or assets unnecessary for the health and welfare of your immediate family members. In that case, the Trustee can liquidate or sell the property to raise money for your creditors. However, if an experienced Arkansas bankruptcy attorney adequately represents you, you can keep most or all of your property in the majority of cases. Of course, this does vary with the facts of each case, but an experienced bankruptcy attorney can protect your property using the bankruptcy code and state exemption laws. Call to schedule your free consulation today.
