Jonesboro’s Best Bankruptcy Attorney

Helping Jonesboro Residents Through Bankruptcy

If you’re dealing with a great deal of burdensome debt that is keeping you in a hole, it’s important to seek economic assistance immediately before it gets worse. The experienced bankruptcy attorney at Crawley Law Firm, PA can provide informed financial suggestions and guidance to residents of the Jonesboro, AR area. We have vast knowledge in the field, so we are uniquely specialized to give you precise information. You can get yourself out of such great debt and into a better financial standing with solid planning and restructuring. Because there are so many nuances in bankruptcy law, it’s crucial that you seek the help of a qualified bankruptcy lawyer who can get you on the right track.

Filing For Bankruptcy in Arkansas

A bankruptcy attorney can go through the myriad of options available in these circumstances and aid you in selecting the one that makes most sense for your particular situation. This area of law is broken down into chapters, of which we commonly proceed with Chapter 7 and Chapter 13 bankruptcy among others. Depending on the details of your case, these alternatives can help you get your affairs in order with time. You can consult with our Jonesboro bankruptcy attorney to have them get acquainted with your case and offer you sound advice.

Generally, most Chapter 7 bankruptcy cases are considered NO ASSET CASES, because many debtor’s assets are exempt and protected from liquidation by the Chapter 7 trustee. However, Chapter 7 cases are called a “liquidation” case and the trustee’s job is to realize the value of any non-exempt property and use those funds to pay something to creditors. Once the bankruptcy is discharged, a trustee or bankruptcy lawyer can be assigned to distribute liquid assets to creditors. In a Chapter 13 bankruptcy a restructuring of debt payments takes place, which allows debtors to maintain major assets. Some of these exemptions could include assets like your home, retirement accounts, and car among others. A bankruptcy attorney can settle what are exempt and non-exempt items and a judge will approve a repayment plan. These arrangements can span three to five years or more and any remaining debts are cleared after that. It’s important to remember that you are entitled to the same Discharge of debts in a Chapter 13, as you would get in a Chapter 7. Just because you’re paying a payment, doesn’t mean you must pay everyone 100% in full, unless you have an ability to.

Bankruptcy In Arkansas

Set A Free Consultation

Crawley Law Firm can assist you in getting your finances under control. Make your financial future a priority with a qualified professional to point you in the right direction. Reach out to set up a free consultation with a bankruptcy attorney in Jonesboro, AR.

Best Bankruptcy Attorney

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Reviews

Crawley Law Firm, PA

Customer Reviews

M R

Thank you very much for the generous time you gave me Friday and for the forms. I really appreciated the sincerity, understanding, and compassion you demonstrated.

Glenn H. 11/2020

Google
They treated me respectful, professionally, and did not look down on me. I'd recommend anyone to go to them. It went smooth and well.

Matt M 08/2020

Google
Michael Crawley is most helpful and very professional. He is informative and gets the job done.

M Cooper

Thank you so much for all your help! Never thought in my wildest dreams (don’t remember ever having a nightmare) that I would be having to do this. But sometimes life throws us a curve. And mine has come so late in my earthly life. I needed someone to help me feel comfortable when I really was trembling inside because I had never gone through anything like this before. Y’all have done that for me. Thanks again.

Angela

Google
I was being sued due to a car loan. Michael and his team helped explain and get me information on my best options to file bankruptcy. I am thankful for all their time and effort they put into my case.

Judy

Mr. Crawley did an excellent job helping me to get all my bills consolidated in a Ch 13 bankruptcy. I was so worried, but he was reassuring and told me not to worry. He told me that I would be out of debt in a couple of years and I could reestablish my credit at that time. I highly recommend him!

Jennifer

Google
So impressed with how knowledgeable Michael is. The office staff is wonderful and respectful. I felt confident that they had my best interests at heart and would make sure the best outcome happened. I highly recommend them to anyone!

Latonya

Google
Very good with handling your business from start to finish. No procrastinating or trying to swindle anyone out of their money. Really appreciate how this firm took care of me. Professional at it’s best.

T.

Michael makes a difficult process easy. He is professional, quick to respond and very helpful. The office staff are also very approachable and helpful.

Aaron

Google
Crawley Law Firm has always been extremely helpful with anything that I need. Always willing to work with me and always keeps me extremely informed on a regular basis. Highly recommended.
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