A budding mathematics teacher whose father was paralyzed following a bad car crash. A straight-A student whose mother was paralyzed in a factory accident. A future mechanic whose father contracted a pulmonary illness from exposure to toxic chemicals at work. Will these promising students be forced to give up their dreams of attending college and …
Arkansas Means Test for Chapter 7 Bankruptcy
We often hear in the news of wealthy people declaring bankruptcy. Can someone earn millions of dollars and still declare bankruptcy? It all depends on the individual’s circumstances. One of the primary purposes of bankruptcy is to discharge or cancel certain debts to give an honest debtor a “fresh start.” In such cases, the debtor …
Arkansas Supreme Court Decisions Help Medical Malpractice Victims
Medical malpractice lawsuits were hampered when Arkansas passed a tort reform law in 2003. But in a boon for victims of malpractice, the state Supreme Court has gradually declared many parts of that law unconstitutional. In one recent decision, the Supreme Court overturned the requirement that an expert witness must practice in the same field …
Five Tips for Staying Safe on Arkansas Roads
According to the Arkansas State Police Report from 2010, there were fewer vehicle crashes overall in 2010 than in 2009. There were also less fatal crashes and deaths on Arkansas public roads in 2010 than in any year in the previous decade. Although alcohol and drug-related crashes made up only seven percent of all crashes …
What Assets Can I Protect if I Declare Personal Bankruptcy?
John L. Smith, the 2012 football coach of the Arkansas Razorbacks, has recently filed for bankruptcy — but he will not likely end up a poor man. He will owe a debt of thanks to the way bankruptcy laws are structured. There are two main types of personal bankruptcies in Arkansas: Chapter 7 and Chapter …
