Learn More About Collections Law in El Dorado, Arkansas

El Dorado (pronounced to rhyme with tornado is a city in Union County, Arkansas, USA. According to 2006 Census Bureau estimates, the population of the city is 20,467. The city is the county seat of Union County, and home to the headquarters of Murphy Oil Corporation, Deltic Timber Corporation, and Lion Oil Refinery. The city hosts a community college, South Arkansas Community College, as well as a symphony and an arts center. Most recently, El Dorado has become a community of education with the January 2007 announcement by Murphy Oil Corporation of the El Dorado Promise, a scholarship program that allows all El Dorado High School graduates who have been at the school since at least the ninth grade to attend any college in the country of their choice.

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

What are the different options for bankruptcy?

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

How can I protect myself from debt collectors?

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

When can a creditor garnish my wages, place a lien on my house, seize my bank account, or take my tax refund?

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

How soon after I miss a house payment will the bank begin foreclosure proceedings?

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