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The Bankruptcy Act of 1898 (Act of July 1, 1898, ch. 541, 30 Stat. 544) was the first permanent bankruptcy law and remained in effect until the passage of the Bankruptcy Reform Act of 1978 (Pub. L. 95–598, 92 Stat. 2549, November 6, 1978). The 1898 Act created "courts of bankruptcy" defined as the district courts of the United States.
Key takeaways. There are two common types of bankruptcy: Chapter 7 and Chapter 13. Filing for bankruptcy is a time-consuming process that can take years to stop affecting your finances.
The Arkansas Bar Association does not control lawyer licensing; that is a function of the Arkansas Board of Law Examiners. [5] It does not enforce the requirement that Arkansas lawyers must complete 12 credits of Continuing Legal Education each year.; [ 6 ] that is the function of the Arkansas Continuing Legal Education Board [ 7 ]
Rose Law Firm is an American law firm headquartered in Little Rock, Arkansas. It dates its origins to November 1, 1820, sixteen years before Arkansas statehood, when Robert Crittenden , born 1797, and Chester Ashley , born 1791, entered into an agreement for a "Partnership in the Practice of Law".
The frequency of applying for bankruptcy depends on which type of bankruptcy you’re filing, something known as the 2-4-6-8 rule. Filing Chapter 13 after Chapter 13 : Two years. Filing Chapter 13 ...
With a smaller paycheck, it may be necessary to alter how much you can pay back in bankruptcy.
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