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Collections Law Lawyers In Armorel Arkansas

Armorel is an unincorporated township located in Mississippi County, Arkansas. A largely rural area with most of its land devoted to forests and farms, population estimates are variously given as between 300 and 500 people. Most of the town lies between U.S. Highway 18 and U.S. Highway 312. The town was founded in 1899 by lumber magnate and president of Lee Wilson and Company, R.E.L. Wilson as one of his many company holdings. Wilson was an eclectic and colorful figure with vast land holdings in the Delta area after the Civil War. Also a big believer in education, Wilson was one of the original trustees of Arkansas State University, then A & M College. He sat on the board from 1917 until his passing in 1933. The town's name was formed from the abbreviations of Arkansas and Missouri, along with the first three initials of its founder, R.E.L. Wilson.

What is collections law?

Lawyers who practice collections law assist creditors in the collection and satisfaction of outstanding debt, including car loans, student loans, credit cards, judgments, medical debts, mortgage debt, enforcement of rights under liens, and recovery of court-ordered judgments. Debt collections attorneys may also assist clients in repossessing the real and personal property of insolvent debtors.

Personal Bankruptcy and Business Bankruptcy attorneys can advise on debt relief options and guide individuals through each phase of a federal bankruptcy filing.

Answers to collections law issues in Arkansas

There are six basic types of bankruptcy cases provided for under the Bankruptcy Code, each of which is discussed...

Laws prohibit debt collectors from using abusive or deceptive tactics to collect a debt. Unfortunately, many...

For the most part, a creditor must sue you, obtain a court judgment, and then solicit the help of a sheriff or other...

This varies from state to state and lender to lender, but most lenders don't start foreclosure proceedings until you...