Laws - Arkansas Bankruptcy

As of 2026, the standard filing fee is $338 for Chapter 7 and $313 for Chapter 13 . If your income is below 150% of the federal poverty level, you may apply for a fee waiver .

Often called a "wage earner’s plan," this allows you to keep property by paying back some or all of your debt through a court-approved repayment plan lasting 3 to 5 years . It is a frequent choice for those looking to stop foreclosure or catch up on past-due car payments. Key Arkansas Bankruptcy Exemptions

Certain debts generally cannot be wiped out in an Arkansas bankruptcy, including: Child support and alimony. Most student loans, unless you can prove "undue hardship". Recent tax debts and debts incurred through fraud. Eastern & Western Districts of Arkansas - Bankruptcy Court arkansas bankruptcy laws

You must have lived in Arkansas for at least the six months prior to filing.

This process eliminates most unsecured debts, like credit cards or medical bills, and usually concludes within three months. To qualify, you must pass a means test , ensuring your household income is below the state median. As of 2026, the standard filing fee is

Arkansas state law provides specific protections for a single vehicle, necessary household goods, and retirement accounts.

Filing for bankruptcy in Arkansas involves navigating both federal statutes and specific state guidelines that dictate which assets you can keep and how your case is processed through the U.S. Bankruptcy Court for the Eastern and Western Districts of Arkansas . It is a frequent choice for those looking

Arkansas offers a robust homestead exemption that can protect your primary residence from being sold to pay creditors.