Arkansas State Bankruptcy Laws

What are the Arkansas Bankruptcy Exemptions?

ArkansasArkansas law protects all or a portion of your property from being seized by creditors or the bankruptcy trustee in a Chapter 7 bankruptcy. In a Chapter 13 bankruptcy, you are generally allowed to keep all of your assets and property. Certain exceptions may apply, so it’s wise to consult with an Arkansas bankruptcy attorney to find which of your assets will be protected in a bankruptcy filed in Arkansas. In general, the major Arkansas bankruptcy exemptions include:

GENERAL ARKANSAS EXEMPTIONS
Real Estate (the Homestead Exemption)
1/4 acre in an urban setting or 80 acres in a rural setting with an unlimited value may be protected.A provision in the new bankruptcy law caps the homestead exemption at $125,000 if you have not lived in the state for at least 40 months prior to the time you file a bankruptcy petition. In some situations, the cap may be permanent. You should consult with an Arkansas bankruptcy attorney for specific information.
Other Property
All clothing, regardless of value may be protected. An additional $500 for all other property for those that are married or head of household and an additional $200 for all other property for those that are single may be also be protected. In Arkansas, you have the choice of electing the federal exemption statutes rather than the Arkansas state exemptions. Consult with an Arkansas bankruptcy attorney for more details.
View the complete list of Arkansas bankruptcy exemptions

Please remember that this page provides general information only, and is not intended to provide legal advice. The information is not a substitute for the advice of a qualified bankruptcy attorney. If you need legal assistance, consult an attorney.

Which state’s exemption laws apply in your bankruptcy?

Arkansas FlagGenerally, the laws of the state in which you lived for the 730 days (2 years) prior to filing a bankruptcy petition will apply in your bankruptcy.

If you have not lived in the same state for the 2 years immediately prior to filing your bankruptcy petition, the laws of the state in which you lived for the majority of the 180-day period preceding the 2-year period will likely apply.

If application of the preceding general rules renders you ineligible for exemptions under any state’s laws, you may be allowed to choose the federal exemptions applicable in your bankruptcy.

Is Arkansas a community property state?

No, Arkansas is not a community property state. Because it is not a community property state, you will be responsible for your spouse’s debts only if you voluntarily assumed those debts by, for example, co-signing on a loan given to your spouse. In a non-community property state, one spouse can file for bankruptcy and be eligible to eliminate all of their unsecured debts without the involvement of the other spouse.

Did your senator vote in favor of the new bankruptcy laws?

Following years of intense lobbying by creditors, Congress passed the Bankruptcy Abuse Prevention and Consumer Protection Act of 2005 (BAPCPA). How did your Senators vote on these largely pro-creditor provisions?

Lincoln (R-AR) — YEA
Pryor (R-AR) — YEA

Arkansas Bankruptcy Court Locations:

Office of the Clerk
U.S. Bankruptcy Courthouse
300 West 2nd Street
Little Rock, AR 72201
(501) 918-5500

Divisional Office
Federal Building Room 316

35 E. Mountain Street
Fayetteville, AR 72701
(479) 582-9800

Note: You may not have to actually go to one of the above bankruptcy courts. Trustees often conduct your meeting at a local venue.

Although bankruptcy is federal law, the bankruptcy courts in each jurisdiction have local rules that must be followed. A local bankruptcy attorney will be familiar with the specific rules in your area.

Arkansas Bankruptcy Attorney Locations

Bankruptcy Attorneys in the state of Arkansas

  1. Barling
  2. Batesville
  3. Bella Vista
  4. Benton
  5. Bentonville
  6. Berryville
  7. Bryant
  8. Cabot
  9. Centerton
  10. Charleston
  11. Conway
  12. Crossett
  13. El Dorado
  14. Eureka Springs
  15. Fayetteville
  16. Fort Smith
  17. Harrison
  18. Hot Springs
  19. Jacksonville
  20. Jonesboro
  21. Little Rock
  22. Morrilton
  23. North Little Rock
  24. Paragould
  25. Pine Bluff
  26. Rogers
  27. Russellville
  28. Searcy
  29. Springdale
  30. Stuttgart
  31. Van Buren
  32. West Memphis
  33. White Hall
  34. Wynne
Barling Payday Loans
Website Company Telephone Address
barlinglawoffice.com Barling Law Office (479) 452-5693 Barling Law Office, 1090 Fort St, Barling, AR 72923, United States
anteskilawfirm.com Anteski Law Firm (479) 452-8064 Anteski Law Firm, 2501 Meadow Ln, Barling, AR 72923, United States
Batesville Payday Loans
Website Company Telephone Address
burgesslawfirm.net Burgess Law Firm (870) 805-3021 Burgess Law Firm, 345 E Main St, Batesville, AR 72501, United States
Bella Vista Payday Loans
Website Company Telephone Address
bellavistalegal.com Tom Morris & Associates (479) 855-2922 Tom Morris & Associates, 418 NE Towncenter, Bella Vista, AR 72714, United States
Benton Payday Loans
Website Company Telephone Address
thelancasterlawfirm.com The Lancaster Law Firm, PLLC (501) 776-2224 The Lancaster Law Firm, PLLC, 413 N Market St, Benton, AR 72015, United States
knutson-law-firm.com Knutson Law Firm (501) 224-2928 Knutson Law Firm, 17724 I-30, Benton, AR 72019, United States
thenyelawfirm.com Nye Law Firm, PLLC (501) 315-5297 Nye Law Firm, PLLC, 113 S Market St, Benton, AR 72015, United States
Bentonville Payday Loans
Website Company Telephone Address
nixonlaw.com Nixon Law Firm (479) 273-7020 Nixon Law Firm, 2106 S Walton Blvd, Bentonville, AR 72712, United States
arklawyers.com Mostyn Prettyman, PLLC – Northwest Arkansas Lawyers (479) 464-4529 Mostyn Prettyman, PLLC – Northwest Arkansas Lawyers, 2601 North Walton Boulevard Suite MP, Bentonville, AR 72712, United States
Berryville Payday Loans
Website Company Telephone Address
storylawfirm.com Story Law Firm, PLLC (877) 273-3830 Story Law Firm, PLLC, 607 Eureka Ave, Berryville, AR 72616, United States
Bryant Payday Loans
Website Company Telephone Address
fosterlawbankruptcy.com Foster Law Firm (501) 481-3094 Foster Law Firm, 21941 I-30 #1, Bryant, AR 72022, United States
whlawoffices.com wh Law (501) 436-0950 wh Law, 301 Roya Ln Suite 1, Bryant, AR 72022, United States
Cabot Payday Loans
Website Company Telephone Address
schmidtslaw.com Schmidt Law Firm PLC (501) 843-7576 Schmidt Law Firm PLC, 401 W Pine St, Cabot, AR 72023, United States
johnaflynn.godaddysites.com Flynn Law Firm (501) 843-8886 Flynn Law Firm, 104 South 4th St, Cabot, AR 72023, United States
Centerton Payday Loans
Website Company Telephone Address
vaneslawfirm.com Van Es Law Firm (479) 366-2715 Van Es Law Firm, PO Box 597, Centerton, AR 72719, United States
Charleston Payday Loans
Website Company Telephone Address
uprightlaw.com UpRight Law (877) 927-5451 UpRight Law, 417 E Main St, Charleston, AR 72933, United States
Conway Payday Loans
Website Company Telephone Address
themaddenlawfirm.com The Madden Law Firm (501) 764-4600 The Madden Law Firm, 7 Medical Ln e, Conway, AR 72034, United States
thenyelawfirm.com Nye Law Firm, PLLC (501) 420-4380 Nye Law Firm, PLLC, 335 Hogan Ln, Conway, AR 72034, United States
allenwaterslaw.com R. Allen Waters III (501) 329-8818 R. Allen Waters III, 708 2nd St, Conway, AR 72032, United States
knollmeyerlawofficear.com Knollmeyer Law Office (501) 985-1760 Knollmeyer Law Office, 515 Oak St # A, Conway, AR 72032, United States
thefryfirm.com The Fry Law Firm (501) 327-2448 The Fry Law Firm, 1510 Mill St, Conway, AR 72034, United States
davidsonlawfirm.net Davidson Law Firm (501) 336-9944 Davidson Law Firm, 1422 Caldwell St #5319, Conway, AR 72034, United States
whlawoffices.com wh Law (501) 255-0728 wh Law, 1237 Front St, Conway, AR 72032, United States
Crossett Payday Loans
Website Company Telephone Address
hubbelllaw.net Law Office of Billy J Hubbell (870) 364-6114 Law Office of Billy J Hubbell, 12111 AR-133 B, Crossett, AR 71635, United States
El Dorado Payday Loans
Website Company Telephone Address
therushinglawfirm.com The Rushing Law Firm (870) 875-2940 The Rushing Law Firm, 725 N West Ave, El Dorado, AR 71730, United States
stopdebtnow.com Dickerson Law Firm Pa (870) 863-4848 Dickerson Law Firm Pa, 525 N Washington Ave, El Dorado, AR 71730, United States
Eureka Springs Payday Loans
Website Company Telephone Address
kristikendrick.com Kristine Bradt Kendrick, Attorney at Law (479) 253-7200 Kristine Bradt Kendrick, Attorney at Law, 121 E Van Buren #4, Eureka Springs, AR 72632, United States
ozarkjustice.com Thurman & Flanagin (479) 253-1234 Thurman & Flanagin, 41 Kingshighway, Eureka Springs, AR 72632, United States
Fayetteville Payday Loans
Website Company Telephone Address
lawgroupnwa.com The Law Group of Northwest Arkansas LLP (479) 343-2965 The Law Group of Northwest Arkansas LLP, 1830 Shelby Ln, Fayetteville, AR 72704, United States
whlawoffices.com wh Law (479) 250-0560 wh Law, 2894 N McKee Cir #108, Fayetteville, AR 72703, United States
hoglaw-nwa.com Hertzberg Law Firm of Arkansas, P.A. (479) 303-5555 Hertzberg Law Firm of Arkansas, P.A., 4285 N Shiloh Dr #108, Fayetteville, AR 72703, United States
fayettevillebankruptcy.com Brady & Conner, PLLC (479) 443-8080 Brady & Conner, PLLC, 3398 E Huntsville Rd, Fayetteville, AR 72701, United States
stanbondlaw.com Bond Law Office (479) 444-0255 Bond Law Office, 525 S School Ave Ste 100, Fayetteville, AR 72701, United States
arlawpartners.com Jon Cigainero – Attorney (479) 480-4900 Jon Cigainero – Attorney, 2405 N Old Wire Rd, Fayetteville, AR 72703, United States
storylawfirm.com Story Law Firm, PLLC (479) 443-3700 Story Law Firm, PLLC, 3608 Steele Blvd #105, Fayetteville, AR 72703, United States
bankruptcyarkok.com Attorney Services of Arkansas and Oklahoma (479) 877-2518 Attorney Services of Arkansas and Oklahoma, 217 E Dickson St, Fayetteville, AR 72701, United States
martinattorneys.com Martin Attorneys, PA (479) 444-8844 Martin Attorneys, PA, 1015 N College Ave, Fayetteville, AR 72701, United States
pauldreynolds.com The Law Office of Paul D. Reynolds – DWI Attorney (479) 527-6571 The Law Office of Paul D. Reynolds – DWI Attorney, 217 E Dickson St, Fayetteville, AR 72701, United States
Fort Smith Payday Loans
Website Company Telephone Address
burnsbankruptcylaw.com Burns Bankruptcy Law (479) 310-5001 Burns Bankruptcy Law, 400 Rogers Ave, Fort Smith, AR 72901, United States
caddellreynolds.com Caddell Reynolds Law Firm (479) 227-2532 Caddell Reynolds Law Firm, 122 N 11th St, Fort Smith, AR 72901, United States
stanbondlaw.com Bond Law Office (479) 784-9221 Bond Law Office, 805 S Greenwood Ave, Fort Smith, AR 72901, United States
geanlaw.com Gean Gean & Gean (479) 783-1124 Gean Gean & Gean, 511 Garrison Ave, Fort Smith, AR 72901, United States
lawofficesofcraiglcook.com The Law Offices of Craig L. Cook (479) 783-8000 The Law Offices of Craig L. Cook, 319 N 8th St, Fort Smith, AR 72901, United States
honeycuttlawoffices.com Honeycutt Law Office (479) 783-0033 Honeycutt Law Office, 400 Rogers Ave #8, Fort Smith, AR 72901, United States
cfflawfirm.com Chronister Fields & Flake Law Firm (479) 783-4060 Chronister Fields & Flake Law Firm, 309 N 7th St, Fort Smith, AR 72901, United States
aadrfortsmith.com AADR (479) 784-9221 AADR, 805 S Greenwood Ave, Fort Smith, AR 72901, United States
Harrison Payday Loans
Website Company Telephone Address
watson-law-firm.com Watson Law Firm (870) 704-4037 Watson Law Firm, 425 N Walnut St #2, Harrison, AR 72601, United States
johnmilumlaw.com John D. Milum, Attorney at Law (870) 741-3448 John D. Milum, Attorney at Law, 320 W Erie St, Harrison, AR 72601, United States
Hot Springs Payday Loans
Website Company Telephone Address
bankruptcylawyerhotspringsar.com Steve Westerfield Attorney At Law (501) 623-3922 Steve Westerfield Attorney At Law, 229 Woodbine St, Hot Springs, AR 71901, United States
honeylawfirm.com Honey Law Firm, PA (501) 321-1007 Honey Law Firm, PA, 1311 Central Ave, Hot Springs, AR 71901, United States
stopdebtnow.com Dickerson Law Firm P.A. (501) 321-0808 Dickerson Law Firm P.A., 110 Woodbine St, Hot Springs, AR 71901, United States
baimlaw.com Baim, Gunti, Mouser & Worsham, PLC (501) 609-9800 Baim, Gunti, Mouser & Worsham, PLC, 307 Carpenter Dam Rd, Hot Springs, AR 71901, United States
Jacksonville Payday Loans
Website Company Telephone Address
knollmeyerlawofficear.com Knollmeyer Law Office (501) 985-1760 Knollmeyer Law Office, 2525 John Harden Dr, Jacksonville, AR 72076, United States
Jonesboro Payday Loans
Website Company Telephone Address
crawleylawfirm.com Crawley Law Firm, PA (870) 972-1150 Crawley Law Firm, PA, 2702 S Culberhouse St Suite N, Jonesboro, AR 72401, United States
deloachelawoffice.com DeLoache Law Office (870) 932-4433 DeLoache Law Office, 512 W Washington Ave, Jonesboro, AR 72401, United States
joebarrettatty.com Barrett Joe (870) 931-7111 Barrett Joe, 311 W Matthews Ave, Jonesboro, AR 72401, United States
oldhamlawfirm.us Oldham Law Firm (870) 930-9919 Oldham Law Firm, 603 Southwest Dr C, Jonesboro, AR 72401, United States
robertsonlawfirm.biz Robertson Law Firm (870) 932-6606 Robertson Law Firm, 408 W Jefferson Ave A, Jonesboro, AR 72401, United States
Little Rock Payday Loans
Website Company Telephone Address
bradhendricks.com The Brad Hendricks Law Firm (501) 221-0444 The Brad Hendricks Law Firm, 500 Pleasant Valley Dr Building C, Little Rock, AR 72227, United States
arkansasbankruptcyassociates.com Arkansas Bankruptcy Associates PLLC (501) 313-4972 Arkansas Bankruptcy Associates PLLC, 8114 Cantrell Rd Suite 100, Little Rock, AR 72227, United States
dilkslawfirm.com Dilks Law Firm (501) 244-9770 Dilks Law Firm, 1008 Cumberland St, Little Rock, AR 72202, United States
danecki.com Danecki Robert Attorney (501) 371-0002 Danecki Robert Attorney, 200 W Capitol Ave #1630, Little Rock, AR 72201, United States
havnerlawfirm.com Havner Law Firm Pa (501) 541-4058 Havner Law Firm Pa, 8315 Cantrell Rd Suite 230, Little Rock, AR 72207, United States
niblocklaw.com Niblock & Associates (501) 213-1517 Niblock & Associates, 5701 S University Ave, Little Rock, AR 72209, United States
maddenlawfirmarkansas.com Madden Law Firm (501) 378-7700 Madden Law Firm, 515 Rock St, Little Rock, AR 72202, United States
natstatelaw.com Natural State Law, PLLC (501) 916-2878 Natural State Law, PLLC, 900 S Shackleford Rd Ste 615, Little Rock, AR 72211, United States
vanessacashadams.com Vanessa Cash Adams – Attorney not found Vanessa Cash Adams – Attorney, 415 N McKinley St Suite 830, Little Rock, AR 72205, United States
keechlawfirm.com Keech Law Firm PA (501) 221-3200 Keech Law Firm PA, 2011 Broadway St, Little Rock, AR 72206, United States
caddellreynolds.com Caddell Reynolds Law Firm (501) 214-4676 Caddell Reynolds Law Firm, 10809 Executive Center Dr Suite 111, Little Rock, AR 72211, United States
Morrilton Payday Loans
Website Company Telephone Address
not found Jonathan E. Kelley Attorney at Law (501) 354-0123 Jonathan E. Kelley Attorney at Law, 113 E Broadway St, Morrilton, AR 72110, United States
North Little Rock Payday Loans
Website Company Telephone Address
johngphillipslaw.com Law Offices of John G. Phillips (501) 753-7400 Law Offices of John G. Phillips, 5509 Springvale Rd suite a, North Little Rock, AR 72116, United States
harrislegalfirm.com Harris Law Firm (501) 372-6979 Harris Law Firm, 510 W 4th St, North Little Rock, AR 72114, United States
praylawfirm.com Pray Law Firm (501) 771-7733 Pray Law Firm, 3807 McCain Park Dr # 108, North Little Rock, AR 72116, United States
bankruptcylawlittlerock.com Brian C. Wilson Law Firm (501) 753-3328 Brian C. Wilson Law Firm, 4505 John F Kennedy Blvd, North Little Rock, AR 72116, United States
stopdebtnow.com Dickerson Law Firm P.A. (501) 321-0808 Dickerson Law Firm P.A., 1 Riverfront Pl #650, North Little Rock, AR 72114, United States
whlawoffices.com wh Law (501) 891-6000 wh Law, 1 Riverfront Dr Suite 745, North Little Rock, AR 72114, United States
Paragould Payday Loans
Website Company Telephone Address
nealburnslaw.com Burns Law Firm (870) 239-2225 Burns Law Firm, 200 S Pruett St, Paragould, AR 72450, United States
Pine Bluff Payday Loans
Website Company Telephone Address
baimlaw.com Baim Gunti Mouser & Worsham: Turner Diana (870) 534-2941 Baim Gunti Mouser & Worsham: Turner Diana, 301 E 6th Ave, Pine Bluff, AR 71601, United States
Rogers Payday Loans
Website Company Telephone Address
martinattorneys.com Martin Attorneys, PA (479) 636-6400 Martin Attorneys, PA, 3403 W Walnut St, Rogers, AR 72756, United States
hatfieldharris.com Hatfield Harris, PLLC (479) 250-1962 Hatfield Harris, PLLC, 5208 W Village Pkwy Suite 9, Rogers, AR 72758, United States
teague-law.com Teague Law Firm (479) 531-2785 Teague Law Firm, 700 N 13th St Suite D, Rogers, AR 72756, United States
caddellreynolds.com Caddell Reynolds Law Firm (479) 227-2479 Caddell Reynolds Law Firm, 211 N 2nd St, Rogers, AR 72756, United States
jmjmlaw.com Meister & McCracken Law Firm PLLC (479) 633-8499 Meister & McCracken Law Firm PLLC, 614 N 2nd St B, Rogers, AR 72756, United States
hlgnwa.com Herrera Law Group (479) 770-5292 Herrera Law Group, 1821 S 8th St #5912, Rogers, AR 72756, United States
linglelaw.com Lingle Law Firm (479) 636-7899 Lingle Law Firm, 110 S Dixieland Rd, Rogers, AR 72758, United States
watkinslawoffice.com Watkins, Boyer, Gray & Curry, PLLC (479) 636-2168 Watkins, Boyer, Gray & Curry, PLLC, 1106 W Poplar St, Rogers, AR 72756, United States
Russellville Payday Loans
Website Company Telephone Address
sameastmanlaw.com Eastman Law Office, PLLC (479) 880-2020 Eastman Law Office, PLLC, 3205 W Main St, Russellville, AR 72801, United States
arvlaw.com Law Offices of Jim Carfagno, Jr., P.A. (479) 968-4747 Law Offices of Jim Carfagno, Jr., P.A., 2000 W Main St, Russellville, AR 72823, United States
skeltonlaw.legal Skelton Law Firm, P.A. (479) 967-9986 Skelton Law Firm, P.A., 414 E Parkway Dr, Russellville, AR 72801, United States
Searcy Payday Loans
Website Company Telephone Address
niblocklaw.com Niblock & Associates (501) 299-9098 Niblock & Associates, 2804 E Race Ave, Searcy, AR 72143, United States
Springdale Payday Loans
Website Company Telephone Address
wayneyounglaw.com Wayne Young Law Firm PA (479) 571-8696 Wayne Young Law Firm PA, 3277 W. Sunset Avenue Suite D, Springdale, AR 72762, United States
mcmanuslegal.net George McManus (479) 927-9494 George McManus, 1801 W Huntsville Ave, Springdale, AR 72764, United States
hopkinsholmes.com Hopkins & Holmes, Attorneys at Law: Springdale (479) 922-2175 Hopkins & Holmes, Attorneys at Law: Springdale, 2964 W Huntsville Ave suite j, Springdale, AR 72762, United States
martinattorneys.com Martin Attorneys, PA (479) 888-2039 Martin Attorneys, PA, 2706 American St, Springdale, AR 72764, United States
Stuttgart Payday Loans
Website Company Telephone Address
buekerlawfirm.com Bueker Law Firm (870) 673-1313 Bueker Law Firm, 1702 S Main St, Stuttgart, AR 72160, United States
Van Buren Payday Loans
Website Company Telephone Address
hopkinsholmes.com Hopkins & Holmes: Attorneys at Law (479) 922-2175 Hopkins & Holmes: Attorneys at Law, 402 E Main St, Van Buren, AR 72956, United States
jerniganlawgroup.com Jernigan Law Group (479) 474-0700 Jernigan Law Group, 2501 Fayetteville Rd, Van Buren, AR 72956, United States
fortsmithlawfirm.com Medlock & Gramlich, LLP Attorneys at Law (479) 474-1117 Medlock & Gramlich, LLP Attorneys at Law, 910 Broadway St, Van Buren, AR 72956, United States
West Memphis Payday Loans
Website Company Telephone Address
szblaw.com Ziegenhorn and Bernard Attorneys at Law (870) 732-9100 Ziegenhorn and Bernard Attorneys at Law, 106 Dover Rd, West Memphis, AR 72301, United States
White Hall Payday Loans
Website Company Telephone Address
havnerlawfirm.com Havner Law Firm (870) 534-1803 Havner Law Firm, 8608 Dollarway Rd, White Hall, AR 71602, United States
Wynne Payday Loans
Website Company Telephone Address
kevinwattslaw.com Kevin A. Watts, Attorney at Law (870) 318-1690 Kevin A. Watts, Attorney at Law, 218 N Terry St, Wynne, AR 72396, United States
business.site Kathleen Talbott, Attorney at Law (870) 238-0066 Kathleen Talbott, Attorney at Law, 609 Canal St, Wynne, AR 72396, United States
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