North Little Rock Bankruptcy & Debt 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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Chuck Michael Douglas

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Bankruptcy & Debt, Lawsuit & Dispute, Credit & Debt, Consumer Rights, Business

Don't file Bankruptcy!

Chuck Douglas is a practicing lawyer in the state of Georgia. He received his J.D. from Georgia State University. He currently works for his privately... (more)

FREE CONSULTATION

CONTACT

501-566-3139

400 West Capitol Avenue, Little Rock, AR 72201

Stephen B. Niswanger

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Lawsuit & Dispute, Collection, Real Estate, Contract, Construction

Steve Niswanger is the managing member of the firm and has about 20 years experience in business and general litigation and transactions, with an emph... (more)

FREE CONSULTATION

CONTACT

800-931-3770

212 Center Street, Little Rock, AR 72201

Lyndsey D. Dilks

Bankruptcy, Bankruptcy Litigation, Collection, Commercial Bankruptcy

Status: In Good Standing

CONTACT

500 C Pleasant Valley Dr., Little Rock, AR 72227

Scott Fletcher

Bankruptcy, Business Organization, Elder Law, Income Tax

Status: In Good Standing

CONTACT

1008 West 2nd Street, Little Rock, AR 72201

A. Cale Block

Bankruptcy & Debt, Business, Real Estate, Corporate, State Appellate Practice

Status: In Good Standing

CONTACT

425 West Capital Avenue, Little Rock, AR 72201

A. Delbert Mickel

Foreclosure, Litigation, Banking & Finance, Bankruptcy

Status: In Good Standing

CONTACT

1501 North University Avenue, Little Rock, AR 72207

Aaron David Caldwell

Commercial Real Estate, Foreclosure, Bankruptcy

Status: In Good Standing

CONTACT

1501 N University Ave, Little Rock, AR 72207

Aaron Lee Squyres

Commercial Real Estate, Real Estate, Litigation, Collection

Status: In Good Standing Licensed: 33 Years

CONTACT

400 W Capitol Ave, Little Rock, AR 72201

Adam F. Perdue

Bankruptcy & Debt

Status: In Good Standing Licensed: 15 Years

CONTACT

7700 Leawood Blvd, Little Rock, AR 72205

Adrienne L. Jung

Litigation, Lawsuit & Dispute, Commercial Banks, Credit & Debt

Status: In Good Standing

CONTACT

200 West Capitol Avenue, Little Rock, AR 72201

800-923-0641

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LEGAL TERMS

LIQUIDATING PARTNER

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

CREDIT INSURANCE

Insurance a lender requires a borrower to purchase to cover the loan. If the borrower dies or becomes disabled before paying off the loan, the policy will pay o... (more...)

Insurance a lender requires a borrower to purchase to cover the loan. If the borrower dies or becomes disabled before paying off the loan, the policy will pay off the remaining balance. Federal and state consumer protection laws require the lender to disclose to existing and potential borrowers the terms and costs of obtaining credit insurance because it can affect the terms of the loan.

COLLECTION AGENCY

A company hired by a creditor to collect a debt that it is owed. Creditors typically hire a collection agency only after they have made efforts to collect the d... (more...)

A company hired by a creditor to collect a debt that it is owed. Creditors typically hire a collection agency only after they have made efforts to collect the debt themselves, typically through letters (called 'dunning' letters) and telephone calls. Collection agencies are regulated by the federal Fair Debt Collection Practices Act. Unfortunately, too many collectors ignore this law.

INTEREST

A commission you pay a bank or other creditor for lending you money or extending you credit. An interest rate represents the annual percentage that is added to ... (more...)

A commission you pay a bank or other creditor for lending you money or extending you credit. An interest rate represents the annual percentage that is added to your balance. This means that if your loan or credit line has an interest rate of 8%, the holder adds 8% to the balance each year. More specifically, interest is calculated and added to your loan or credit line through a process called compounding. If interest is compounded daily, the balance will rise by 1/365th of 8% each day. If interest is compounded monthly, the balance will rise 1/12th of 8% at the start of each month.

CONSUMER CREDIT COUNSELING SERVICE (CCCS)

A national non-profit agency that, at no cost, helps debtors plan budgets and repay their debts. One major criticism of CCCS is that each office is primarily fu... (more...)

A national non-profit agency that, at no cost, helps debtors plan budgets and repay their debts. One major criticism of CCCS is that each office is primarily funded by voluntary donations from the creditors that receive payments from debtors repaying their debts through that office. Despite this criticism, most CCCS counselors provide clients with thorough and neutral advice.

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.

S CORPORATION

A term that describes a profit-making corporation organized under state law whose shareholders have applied for and received subchapter S corporation status fro... (more...)

A term that describes a profit-making corporation organized under state law whose shareholders have applied for and received subchapter S corporation status from the Internal Revenue Service. Electing to do business as an S corporation lets shareholders enjoy limited liability status, as would be true of any corporation, but be taxed like a partnership or sole proprietor. That is, instead of being taxed as a separate entity (as would be the case with a regular or C corporation) an S corporation is a pass-through tax entity: income taxes are reported and paid by the shareholders, not the S corporation. To qualify as an S corporation a number of IRS rules must be met, such as a limit of 75 shareholders and citizenship requirements.

MEETING OF CREDITORS

A meeting held with the bankruptcy trustee about a month after you file for bankruptcy. You must attend. The trustee reviews your bankruptcy papers and asks a f... (more...)

A meeting held with the bankruptcy trustee about a month after you file for bankruptcy. You must attend. The trustee reviews your bankruptcy papers and asks a few questions. In a Chapter 7, the meeting of creditors lasts a few minutes and rarely do any creditors show up. In a Chapter 13 bankruptcy, one or two creditors may attend, especially if they disagree with some provision of your repayment plan.

GUARANTOR

A person who makes a legally binding promise to either pay another person's debt or perform another person's duty if that person defaults or fails to perform. T... (more...)

A person who makes a legally binding promise to either pay another person's debt or perform another person's duty if that person defaults or fails to perform. The guarantor gives a 'guaranty,' which is an assurance that the debt or other obligation will be fulfilled.

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North Little Rock Bankruptcy & Debt Lawyer, Arkansas

Sponsored Law Firm

Wakhisi-Douglas LLC

SPONSORED LAWYERS

Chuck Michael Douglas

Stephen B. Niswanger

Lyndsey D. Dilks

Scott Fletcher

A. Cale Block

A. Delbert Mickel

Aaron David Caldwell

Aaron Lee Squyres

Adam F. Perdue

Adrienne L. Jung

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LEGAL TERMS

LIQUIDATING PARTNER

CREDIT INSURANCE

COLLECTION AGENCY

INTEREST

CONSUMER CREDIT COUNSELING SERVICE (CCCS)

TRADE DRESS

S CORPORATION

MEETING OF CREDITORS

GUARANTOR

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