Bankruptcy Attorneys Serving Northwest Arkansas
We Are Ready to Help You Get Out of Debt
Our compassionate lawyers at Martin Attorneys, PA know firsthand that unexpected life changes can leave you struggling to pay your bills. If you have recently lost your job, had a medical crisis, or can no longer keep up with the high-interest rate on your credit card, then filing for Bankruptcy might be the solution to your financial woes. Our legal team knows what it’s like when the phone is ringing day and night with creditors demanding payment or when your mailbox is flooded with Foreclosure notices. So if you are feeling like you have tried everything and are out options, then please call us today so we can help you get a fresh start.
Guiding Clients Through the Bankruptcy Process
At Martin Attorneys, PA, we believe that Bankruptcy is not a failure, but a fresh start. We have the extensive legal resources you need in your corner to help guide you through a Chapter 7 (liquidation), a Chapter 13 (reorganization) bankruptcy or a Chapter 11 bankruptcy. Our firm has used our more than 30 years of experience to help over 8,000 families and businesses in Northwest Arkansas declare Bankruptcy.
Whether your debt problems are from credit cards or you have property and assets in different states, no case is too simple or too complex for our talented legal team to take on. Our bankruptcy lawyers are here to help you through your financial crisis so you can finally move on to better days ahead.
Chapter 7 vs Chapter 13
Chapter 7 and Chapter 13 bankruptcy differ in how debt repayment is handled. In Chapter 7, assets are liquidated to repay creditors, and most unsecured debts are discharged, providing a quick fresh start but potentially involving asset sale. In contrast, Chapter 13 involves a repayment plan over 3-5 years, allowing individuals to retain assets and catch up on missed payments. It's suitable for those with regular income who aim to protect assets and make consistent payments.
Chapter 11 Bankruptcy
Chapter 11 bankruptcy is a form of bankruptcy available to businesses and individuals with significant debts. It enables debtors to reorganize their finances and create a repayment plan while maintaining their operations. This bankruptcy option allows for debt term renegotiation, reducing obligations, and potential asset sales for generating funds. It is frequently used by businesses to restructure and recover from financial difficulties but can also assist individuals with substantial debt. The process entails submitting a reorganization plan to the court for approval, and debtors retain control of their assets and operations throughout the proceedings.
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"Because of him and the other attorneys, she won her case! I would recommend them to everyone I know."Martin Attorneys has helped me with several cases--medical malpractice and estate planning. And just recently Stephen Fisher helped my granddaughter with a very tough case. Because of him and the other attorneys, she won her case! I would recommend them to everyone I know.
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"Very glad we went in to see them."They will definitely take good care of you. They are there for you not just the money. Very glad we went in to see them.
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"They treated us as family and were open/forthcoming within every step of the process."They are wonderful! We adopted our granddaughter with the help of this firm. They treated us as family and were open/forthcoming within every step of the process. Thank you for your kindness and assistance. We will use you again in the future.
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"They handled the business at hand and kept me informed along the way. Highly highly recommended to anyone."This office was beyond friendly, extremely diligent, and most importantly kind. They did not nickel and dime me to death. They handled the business at hand and kept me informed along the way. Highly highly recommended to anyone they have so many areas of expertise.
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"I can't thank them enough for helping my family and I get through the tough times we went through."They were very helpful and extremely nice. I can't thank them enough for helping my family and I get through the tough times we went through. The staff was very welcoming and understanding, I really recommend their help if anyone is looking for good lawyers!
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"They have assisted in the most professional manner and were very enjoyable to work with. I constantly recommend them to my friends and family."I have used this law firm on many of my cases. They have assisted in the most professional manner and were very enjoyable to work with. I constantly recommend them to my friends and family. They are very knowledgeable! A simple call to their office may just be the answer you need.
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"They made this whole legal process simple and easy to understand. Their staff was awesome and very friendly."They are great lawyers that really care about helping you. I went and saw them for a couple of matters that I was having trouble with and they helped me out in a very professional manner. They made this whole legal process simple and easy to understand. Their staff was awesome and very friendly. Overall I would definitely recommend them to my friends.
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"Professionalism, Quality, Responsiveness"
I went to Stephen Fisher at Martin Attorneys, PA with a difficult situation in which I was trying to make an ex-spouse rise to a level of either upholding his commitments of our divorce decree in regards to our children or move on and stop causing emotional damage etc.
Mr. Fisher was extremely compassionate and also very resourceful in helping us all come to the table to find a solution that, while still in the trial period, allows an environment for both parents to flourish and to be given every reason and opportunity to believe that all efforts have been made on both sides of the table to provide the best outcome for those most vulnerable and important – our kids.
I will definitely seek Mr. Fisher’s legal advice for matters in the future and refer friend’s family and strangers to him and his office. 5 Stars all the way!
