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Bankruptcy Lawyers in Sherwood, AR

Looking for a bankruptcy lawyer in Sherwood? Review the directory below to compare your options.

3 attorneys listed
Updated May 2026
Sherwood, AR
Important: Listings are compiled from publicly available sources and have not been independently verified by BeforeAttorney.com. We do not endorse any attorney or guarantee outcomes. Verify licensing and disciplinary status with the State Bar of Arkansas before hiring.
Showing 3 bankruptcy lawyers in Sherwood, AR Listings are displayed in no particular order and are not ranked by BeforeAttorney. Order does not constitute a recommendation or endorsement of any attorney.
Duty Law
150 Brockington Rd Suite D, Sherwood, AR 72120
(501) 599-8959 duty-law.com
Hankins Law Firm
1515 E Kiehl Ave, Sherwood, AR 72120
(501) 833-0168
John M. Holstine, P.A.
1502 E Kiehl Ave suite D, Sherwood, AR 72120
(501) 378-7700 holstinelawfirm.com

Residents of Sherwood Arkansas facing overwhelming debt can seek help from a local bankruptcy lawyer. Arkansas law allows individuals to file for Chapter 7 or Chapter 13 bankruptcy to discharge or reorganize debts. A Sherwood attorney can guide you through the federal bankruptcy process and explain how Arkansas exemption laws protect your property.

What Does a Bankruptcy Lawyer in Sherwood Cost?

The cost of hiring a bankruptcy lawyer in Arkansas varies by case complexity. For a simple Chapter 7 filing attorney fees typically range from $1,200 to $2,500. Chapter 13 fees are often higher around $3,000 to $5,000 due to the repayment plan. Court filing fees are separate and currently $338 for Chapter 7 and $313 for Chapter 13. This is general information and not legal advice.

* Cost estimates are general ranges based on publicly available data and compiled using automated research tools. Actual fees vary by attorney and case complexity. This is not legal advice — consult directly with an attorney for fee specifics.

Frequently Asked Questions

What are the income limits for Chapter 7 bankruptcy in Arkansas?
To qualify for Chapter 7 in Arkansas you must pass the means test which compares your income to the state median. For a single person the median income is around $52,000 as of 2024. A Sherwood lawyer can calculate if your income is below the threshold.
How long does a bankruptcy stay on my credit report in Arkansas?
A Chapter 7 bankruptcy remains on your credit report for 10 years from the filing date. Chapter 13 stays for 7 years. This applies nationwide including in Sherwood Arkansas.
Can I keep my car or house if I file for bankruptcy in Sherwood?
Arkansas exemption laws allow you to protect certain property up to specific values. For example you can exempt up to $800 in vehicle equity and up to $1,250 in home equity. A local lawyer can help you determine if your assets are safe.