College Station Bankruptcy Lawyer, Arkansas

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Chuck Douglas
About | Practice Areas
Wakhisi-Douglas LLC
400 West Capitol Avenue Suite 1200 Little Rock, AR 72201» view map
Bankruptcy & Debt
We Fight Back and Win in Court

We’ve won hundreds of cases, and we’ve developed a reputation for resolving complex disputes favorably for our clients.

800-978-8941
1. Chuck Douglas Little Rock, AR
  Attorney at Law- GA
  Georgia State University College of Law, J.D. 2009
2. AboutWakhisi-Douglas LLC
  We Fight Back and Win in Court
3. Practice AreasExpertise
  Bankruptcy & Debt
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2. Email
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Includes: Bankruptcy Litigation, Commercial Bankruptcy, Consumer Bankruptcy, Dissolution

Scott Fletcher

Bankruptcy, Business Organization, Elder Law, Income Tax

Status: In Good Standing

CONTACT

1008 West 2nd Street, Little Rock, AR 72201

Robert R. Danecki

Bankruptcy & Debt, Bankruptcy, Bankruptcy Litigation, Consumer Bankruptcy, Credit & Debt

Status: In Good Standing Licensed: 32 Years

FREE CONSULTATION

CONTACT

200 W. Capitol Ave, Little Rock, AR 72201

Richard L. Mays

Real Estate, Criminal, Bankruptcy, Accident & Injury

Status: In Good Standing Licensed: 14 Years

CONTACT

212 Center St, Little Rock, AR 72201

Rusty Sparks

Bankruptcy & Debt, Bankruptcy, Divorce & Family Law, Family Law

FREE CONSULTATION

CONTACT

620 W. Third Street, Little Rock, AR 72201

James C. Clark

Real Estate, Corporate, Bankruptcy Litigation, Bankruptcy & Debt

Status: In Good Standing Licensed: 55 Years

CONTACT

400 W Capitol Ave, Little Rock, AR 72201

Joseph G. Nichols

Corporate Tax, Business Successions, Business Organization, Dissolution

Status: In Good Standing Licensed: 25 Years

CONTACT

400 W Capitol Avenue, Little Rock, AR 72201

William C. Bird

Workers' Compensation, Employee Rights, Criminal, Commercial Bankruptcy

Status: In Good Standing

CONTACT

323 Center Street, Little Rock, AR 72201

Garland William Binns

Securities, Merger & Acquisition, Banking & Finance, Commercial Bankruptcy

Status: In Good Standing

CONTACT

425 W. Capitol, Little Rock, AR 72201

Steve L. Riggs

Public Utilities, Election & Political, Corporate, Commercial Bankruptcy

Status: In Good Standing

CONTACT

425 West Capitol, Little Rock, AR 72201

J. Maurice Rogers

Litigation, Bankruptcy, Transactions

Status: In Good Standing

CONTACT

One Riverfront Place, North Little Rock, AR 72114

800-923-0641

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LEGAL TERMS

C CORPORATION

Common business slang to distinguish a corporation whose profits are taxed separate from its owners under subchapter C of the Internal Revenue Code, from an S c... (more...)

Common business slang to distinguish a corporation whose profits are taxed separate from its owners under subchapter C of the Internal Revenue Code, from an S corporation, whose profits are passed through to shareholders and taxed on their personal returns under subchapter S of the Internal Revenue Code.

SECURED DEBT

A debt on which a creditor has a lien. The creditor can institute a foreclosure or repossession to take the property identified by the lien, called the collater... (more...)

A debt on which a creditor has a lien. The creditor can institute a foreclosure or repossession to take the property identified by the lien, called the collateral, to satisfy the debt if you default. Compare unsecured debt.

ABUSE

Misuse of the Chapter 7 bankruptcy remedy. This term is typically applied to Chapter 7 bankruptcy filings that should have been filed under Chapter 13, because ... (more...)

Misuse of the Chapter 7 bankruptcy remedy. This term is typically applied to Chapter 7 bankruptcy filings that should have been filed under Chapter 13, because the debtor appears to have enough disposable income to fund a Chapter 13 repayment plan.

LIQUIDATING PARTNER

The member of an insolvent or dissolving partnership responsible for paying the debts and settling the accounts of the partnership.

401(K) PLAN

A deferred compensation savings program in which employees invest part of their wages, sometimes along with employer contributions, to save on taxes. No income ... (more...)

A deferred compensation savings program in which employees invest part of their wages, sometimes along with employer contributions, to save on taxes. No income taxes on the amount invested and any earnings are due until the employee withdraws money from the fund.

ACCORD AND SATISFACTION

An agreement to settle a contract dispute by accepting less than what's due. This procedure is often used by creditors who want to cut their losses by collectin... (more...)

An agreement to settle a contract dispute by accepting less than what's due. This procedure is often used by creditors who want to cut their losses by collecting as much money as they can from debtors who cannot pay the full amount.

AUTOMATIC STAY

An injunction automatically issued by the bankruptcy court when a debtor files for bankruptcy. The automatic stay prohibits most creditor collection activities,... (more...)

An injunction automatically issued by the bankruptcy court when a debtor files for bankruptcy. The automatic stay prohibits most creditor collection activities, such as filing or continuing lawsuits, making written requests for payment, or notifying credit reporting bureaus of an unpaid debt.

WINDING UP

The process of paying off expenses and creditors, settling accounts, and collecting and distributing (to shareholders and owners) whatever assets then remain, a... (more...)

The process of paying off expenses and creditors, settling accounts, and collecting and distributing (to shareholders and owners) whatever assets then remain, all with the ultimate goal of liquidating or closing down a corporation or partnership.

TRADE DRESS

The distinctive packaging or design of a product that promotes the product and distinguishes it from other products in the marketplace -- for example, the shape... (more...)

The distinctive packaging or design of a product that promotes the product and distinguishes it from other products in the marketplace -- for example, the shape of Frangelico liqueur bottles. Trade dress can be protected under trademark law if a showing can be made that the average consumer would likely be confused as to product origin if another product were allowed to appear in similar dress.

SAMPLE LEGAL CASES

Bibbs v. Community Bank of Benton

... On August 25, 2003, Bibbs filed for Chapter 7 bankruptcy. On February 8, 2005, Mason also filed for Chapter 7 bankruptcy, and in doing so, he scheduled a potential lender-liability lawsuit against Community Bank as an asset of the estate. ...

Bisbee v. Decatur State Bank

... The Wilmouths filed for bankruptcy the next month. After the bankruptcy court ... said lands. On December 9, 2008, the bankruptcy court abandoned tract number 8, which was included within appellee's mortgage. On December ...

Bibbs v. Community Bank

... On August 25, 2003, Bibbs filed Chapter 7 bankruptcy. Mason filed Chapter 7 bankruptcy on February 8, 2005, and filed Chapter 13 bankruptcy some months later. ... They alleged that the Bank engaged in numerous acts of misconduct and forced them into bankruptcy. ...

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College Station Bankruptcy Lawyer, Arkansas

Sponsored Law Firm

Wakhisi-Douglas LLC

SPONSORED LAWYERS

Scott Fletcher

Robert R. Danecki

Richard L. Mays

Rusty Sparks

James C. Clark

Joseph G. Nichols

William C. Bird

Garland William Binns

Steve L. Riggs

J. Maurice Rogers

TIPS

LEGAL TERMS

C CORPORATION

SECURED DEBT

ABUSE

LIQUIDATING PARTNER

401(K) PLAN

ACCORD AND SATISFACTION

AUTOMATIC STAY

WINDING UP

TRADE DRESS

SAMPLE LEGAL CASES

Bibbs v. Community Bank of Benton

Bisbee v. Decatur State Bank

Bibbs v. Community Bank

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