Learn More About Collections Law in Waldo, Arkansas

Waldo is a city in Columbia County, Arkansas, United States. The population was 1,594 at the 2000 census. Waldo celebrated its 120th year as a city in 2007. The small town was once a booming rail city on the Cotton Belt train route. The city has a rail museum with various displays showing its rail history. The city once bustling with excitement began to waine in population in the 1950s when neighboring Magnolia, Arkansas began drawing industry. Waldo was also home of the fighting Waldo High School Bulldogs basketball teams. Consistently these teams made playoffs and on numerous occasions won the state championship. The legacy of Waldo School will carry on in the community despite its closing in 2005.

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...