Bankruptcy Attorney · Fayetteville, AR
Get a Fresh Financial Start
Overwhelming debt does not have to define your future. Attorney Steven H. Kay helps individuals and families in Arkansas use bankruptcy law to stop creditor harassment, protect their assets, and rebuild their financial lives.
Bankruptcy Services
We help you understand every option and choose the path that best protects your family and your future.
Chapter 7 Bankruptcy
Chapter 7 is the fastest path to debt relief, discharging most unsecured debts like credit cards and medical bills within 3–6 months. We guide you through the means test and protect your exempt property.
- Discharge of unsecured debts
- Automatic stay stops collection calls
- Keep exempt property under Arkansas law
Chapter 13 Repayment Plan
Chapter 13 lets you keep your home and other assets while repaying debts over 3–5 years on a court-approved plan. It is often the best option for homeowners facing foreclosure.
- Stop foreclosure & save your home
- Structured 3–5 year repayment plan
- Catch up on mortgage arrears
Creditor Negotiation
Bankruptcy is not always the only answer. We negotiate directly with creditors to reduce balances, lower interest rates, and establish manageable payment arrangements outside of court.
- Debt settlement negotiations
- Reduced balance agreements
- Hardship payment plans
Stop Foreclosure, Eviction & Garnishment
Filing for bankruptcy triggers an automatic stay that immediately halts foreclosure proceedings, evictions, wage garnishments, and most collection actions — giving you breathing room to reorganize.
- Immediate automatic stay protection
- Stop wage garnishment
- Halt foreclosure & eviction proceedings
Debt Relief You Can Count On
Bankruptcy law is complex, but the goal is simple: give you a path forward. We handle every detail so you can focus on rebuilding.
- Over 27 years of bankruptcy experience in Arkansas
- Transparent, affordable flat fees
- We handle all paperwork and court filings
- Protect as many assets as possible under Arkansas exemptions
- Free initial consultation — no obligation
- Se Habla Español
Ready to Stop the Calls?
You do not have to face creditors alone. Call today for a free, confidential bankruptcy consultation and find out which options are right for you.
(479) 521-6200
Fayetteville, Arkansas
Schedule Free ConsultationCommon Questions
Do I qualify for Chapter 7 bankruptcy?
You must pass the Arkansas means test, which compares your income to the state median. We will walk you through the test in your free consultation to determine eligibility.
How will bankruptcy affect my credit?
Bankruptcy does impact your credit score, but many clients find their score begins to recover within 12–24 months as they rebuild with secured cards and on-time payments. A fresh start often outweighs the short-term impact.
Will I lose everything if I file bankruptcy?
No. Arkansas has generous exemptions that protect your home equity, vehicle, retirement accounts, and household goods up to certain limits. Most Chapter 7 filers keep all of their property.
Can bankruptcy stop a wage garnishment?
Yes. Filing for bankruptcy triggers an automatic stay that immediately stops most wage garnishments, collection calls, lawsuits, and foreclosure proceedings.