FAQs
WHERE IS THE BANKRUPTCY COURT LOCATED?
The U.S. Bankruptcy Court for Northwest Arkansas is located at 35 E. Mountain Street, Fayetteville, AR, just off the downtown Fayetteville Square.
CAN I FILE MY BANKRUPTCY IN BENTON COUNTY INSTEAD?
No, All bankruptcies in this Northwest Arkansas area need to be filed in the Fayetteville AR Division of the Bankruptcy Court.
I LIVE IN MADISON COUNTY, WHERE WILL MY BANKRUPTCY BE FILED?
The same is true for Madison and Carrol counties as it is for Washington and Benton Counties. These bankruptcy cases will be administered by the Fayetteville AR Divsion of the Bankruptcy Court.
HOW OFTEN WILL I HAVE TO APPEAR AT THE BANKRUPTCY COURT IN FAYETTEVILLE?
In most cases you will only appear once and you will be accompanied by a bankruptcy lawyer from the Hertzberg Law Firm of Arkansas, P.A.
WILL I HAVE TO APPEAR BEFORE A JUDGE ?
98.5% of the cases are handled sucessfully without seeing a judge.
WHAT DOES IT COST TO FILE BANKRUTCY?
The filing fee for a Chapter 7 bankruptcy is $299 and the filing fee for a Chapter 13 bankruptcy is $274 which are paid to the bankruptcy clerk at the Fayetteville Bankruptcy court office.
The Hertzberg Law Firm of Arkansas, P.A. attempts to provide low cost bankruptcy lawyer representation and a fee will be quoted at the free initial consultation. The fee can be paid a little at a time.
DO I HAVE TO RECEIVE CREDIT COUNSELING BEFORE I FILE BANKRUPTCY?
Yes, but be careful. Reputable credit counseling is different than debt consolidation services. Debt consolidation services are very expensive and very rarely help anyone. Credit counseling should be no more than $50. Credit counseling services approved by the bankruptcy court exist in Benton County AR, Springdale AR and Fayetteville AR. Most people, such as those living in Bella Vista AR, prefer to take the class online.
CAN A BANKRUPTCY FILING HALT A FORECLOSURE?
Yes, either a Chapter 7 or a Chapter 13 bankruptcy filing will stop a pending foreclosure. By law the forecosure sale list has to be posted at the county courthouse in Bentonville, Fayetteville or Hunstville. It is important to consult with an attorney before the actual posted sale date.