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    Social Security Disability - [INFOGRAPHIC]

    Last updated 1 year ago

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    Looking For More Bankruptcy Information?

    Last updated 1 year ago

     Before deciding whether to file for bankruptcy, it’s important to understand the bankruptcy rules and their potential impact on your unique financial situation. If you’d like to find out more about how filing bankruptcy can help you get control over your debts, explore the following online resources:

    This guide from Bankrate.com may help you decide whether filing for bankruptcy is your best course of action.

    The United States Bankruptcy Court of Arkansas offers this overview of Chapter 7 bankruptcy filing requirements.

    This article from How Stuff Works describes the different chapters, or types, of bankruptcy filings and how they work in practice.

    In this article, you can learn several ways to rebuild your finances after filing for bankruptcy.

    This article at UScourts.gov explains the automatic stay in bankruptcy law and how it works to stop wage garnishment by a creditor.

    Would you like to know more about the bankruptcy process in Arkansas? Call Knollmeyer Law Office at (501) 985-1760 to schedule a consultation with one of our experienced attorneys.

    Disclaimer:

    The materials available at this website are for informational purposes only and not for the purpose of providing legal advice. You should contact your attorney to obtain advice with respect to any particular issue or problem. Use and access to this website or any of the links contained within the site do not create an attorney-client relationship. The opinions expressed at or through this site are the opinions of the individual author and may not reflect the opinions of the firm or any individual attorney.

     

    What Type of Attorney Can Help Me Lower My Debts?

    Last updated 1 year ago

    Many Americans are struggling with the problem of overwhelming debt. In cases in which debt levels have risen to the point that they cannot realistically be repaid, the federal government has enacted a number of laws that allow a person to reduce or eliminate his debts.

    This video explains that the key to successfully navigating the bankruptcy process is to hire an attorney skilled in that field. A good bankruptcy attorney will know when to file for bankruptcy and what type of bankruptcy is best in a given situation.

    If you live in Arkansas and find yourself in need of an experienced bankruptcy law firm, call Knollmeyer Law Office at (501) 985-1760 to schedule an initial consultation. We will put our 25 years of experience to work for your case.

    Disclaimer:

    The materials available at this website are for informational purposes only and not for the purpose of providing legal advice. You should contact your attorney to obtain advice with respect to any particular issue or problem. Use and access to this website or any of the links contained within the site do not create an attorney-client relationship. The opinions expressed at or through this site are the opinions of the individual author and may not reflect the opinions of the firm or any individual attorney.

    Recognizing When Bankruptcy is a Suitable Debt Solution

    Last updated 1 year ago

    Admitting that you need help in restructuring your debts isn’t easy to do. In particular, the idea of hiring a bankruptcy lawyer and filing for bankruptcy may be far from your mind. However, if your debts have increased to a point beyond your control, it may be time to consider all of your alternatives. Here are some of the financial trouble signs that could indicate whether bankruptcy is a viable option:

    Failing to pay monthly bills on time and in full:

    One of the more serious signs of severe financial distress is a consistent inability to pay your ordinary monthly bills on time and in full. If you are consistently paying bills late or racking up huge interest fees in order to keep your utilities and basic services going, you may need to consider bankruptcy.

    Counting on a financial windfall:

    If you’re seriously in debt and the only way you can envision repaying your debts is by receiving an unexpected windfall, such as a pay raise or a huge gain in the stock market, you aren’t facing reality. Counting on an unexpected turn of good fortune is no substitute for financial planning.

    Juggling credit card debt:

    Another sign that you may need to consider bankruptcy is the practice of running up balances on multiple credit cards. If your credit card debt is consistently rising and you're only making the minimum payments each month, you are only incurring greater amounts of debt in the form of interest.

    Borrowing money from your retirement savings:

    A common practice for debtors with out-of-control debts is to resort to borrowing or withdrawing retirement funds, even at the expense of early withdrawal penalties. If you’re attempting to stave off financial ruin by borrowing from your future, you may need to consider filing for bankruptcy.

    If your debts have gotten out of control and you are considering filing for bankruptcy, contact the Knollmeyer Law Office at (501) 985-1760 to speak with one of our experienced attorneys. We are dedicated to protecting the financial interests of our clients.

    Disclaimer:

    The materials available at this website are for informational purposes only and not for the purpose of providing legal advice. You should contact your attorney to obtain advice with respect to any particular issue or problem. Use and access to this website or any of the links contained within the site do not create an attorney-client relationship. The opinions expressed at or through this site are the opinions of the individual author and may not reflect the opinions of the firm or any individual attorney.

    "Personal Business and Great Advice" | Knollmeyer Law Review

    Last updated 1 year ago

    I have had the pleasure of meeting Mike Knollmeyer a few years ago. I met him through his partner, Laura Grimes whom I have used as my attorney. I must say that she is a great counselor who I trust. I asked her to review a contract for me and she gave me great advice and because of the way she handled my personal business, I have also used her... More
    Steve

    At Knollmeyer Law Office, we know that filing for disability can be stressful and difficult, especially while you are still struggling with a medical condition. For advice and legal assistance, call our Jacksonville office at (501) 985-1760 to schedule a consultation regarding your claim. 

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