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Chapter 7 Questions and Answers
Posted on
June 3, 2010
by
Carl Hopkins
What is Bankruptcy?
Bankruptcy is a remedy provided for in the US Code. Bankruptcy has two main components. First, it provides protection for you from collection actions. This protection is called the automatic stay. This provides protection from collection by any entity including state and federal collectors. The second component is the discharge w…
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Where There's A Will, There's A Way
Posted on
August 4, 2009
by
Kevin Holmes
A will can help reduce costs and complications for your family or heirs when you die. Besides providing instructions about gifts of your property-like your home, car, investments and jewelry- your will can provide instructions for payment of your debts, selection of an executor for your estate, and appointment of a guardian for your minor children.…
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Divorce in Arkansas
Posted on
May 11, 2009
by
Kevin Holmes
Marriage in the law is similar to a contract. There are limitations on who may marry, however once a marriage is created, the law imposes various obligations and liabilities upon the parties. Arkansas law confers marital capacity upon males over the age of 17 and females over the age of 16. Males and females under 18 must have the written consent o…
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Chapter 7 Bankruptcy Frequently Asked Questions & Answers
Posted on
May 9, 2009
by
Kevin Holmes
What if I want to keep a secured debt? If you are filing a Chapter 7 and you wish to keep a secured debt like a vehicle or a house, the creditor will send Hopkins & Holmes, PLLC a Reaffirmation Agreement. Hopkins & Holmes will provide the Reaffirmation Agreement to you. You will need to sign the Agreement and forward back to Hopkins & Holmes. You w…
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