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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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Brandon Keith Moffitt

Mass Torts, Workers' Compensation, Banking & Finance, Credit & Debt, Medical Malpractice

Status: Licensed: 18 Years

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1501 N University Ave, Little Rock, AR 72207

Brandon Michael Haubert

Trusts, Elder Law, Business, Bankruptcy & Debt

Status: Licensed: 12 Years

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1 Riverfront Place, Maumelle, AR 72114

Brien Garrett Saputo

Foreclosure, Litigation, Election & Political, Bankruptcy, Real Estate

Status: Licensed: 6 Years

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601 E 3Rd St, Little Rock, AR 72201

Bryan P. Christian

Estate Planning, Family Law, Elder Law, Collection

Status: Licensed: 26 Years

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815 N Fillmore St, Little Rock, AR 72205

Bryan Edwin Hosto

Real Estate, Lawsuit & Dispute, Business, Bankruptcy & Debt, Litigation

Status: Licensed: 25 Years

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701 W 7Th St, Little Rock, AR 72201

Caroline Curry Lewis

Wills & Probate, Estate Planning, Corporate, Business Organization, Bankruptcy & Debt

Status: Licensed: 23 Years

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500 C Pleasant Valley Drive, Little Rock, AR 72227

Charles Turner Coleman

Lawsuit & Dispute, Divorce & Family Law, Business, Bankruptcy & Debt

Status:

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200 West Capitol Avenue, Little Rock, AR 72201

Charles Wayne Baker

Lawsuit & Dispute, Bankruptcy & Debt

Status: Licensed: 57 Years

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120 E Fourth Street, Little Rock, AR 72201

Charles Stephen Embry

Business, Bankruptcy & Debt

Status: Licensed: 48 Years

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1920 Main Street, Maumelle, AR 72114

Chris P. Corbitt

Real Estate, Intellectual Property, Collection, Construction

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Little Rock, AR 72214

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LEGAL TERMS

NONEXEMPT PROPERTY

The property you risk losing to your creditors when you file a Chapter 7 bankruptcy or when a creditor sues you and wins a judgment. Nonexempt property typicall... (more...)

The property you risk losing to your creditors when you file a Chapter 7 bankruptcy or when a creditor sues you and wins a judgment. Nonexempt property typically includes valuable clothing (furs) and electronic equipment, an expensive car that's been paid off and most of the equity in your house. Compare exempt property.

FORBEARANCE

Voluntarily refraining from doing something, such as asserting a legal right. For example, a creditor may forbear on its right to collect a debt by temporarily ... (more...)

Voluntarily refraining from doing something, such as asserting a legal right. For example, a creditor may forbear on its right to collect a debt by temporarily postponing or reducing the borrower's payments.

FRATERNAL BENEFIT SOCIETY BENEFITS

These are benefits, often group life insurance, paid for by fraternal societies to their members. Elks, Masons or Knights of Columbus are common fraternal socie... (more...)

These are benefits, often group life insurance, paid for by fraternal societies to their members. Elks, Masons or Knights of Columbus are common fraternal societies that provide benefits. Also called benefit society, benevolent society or mutual aid association benefits. Under bankruptcy laws, these benefits are virtually always considered exempt property.

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.

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.

TRADE NAME

The official name of a business, the one it uses on its letterhead and bank account when not dealing with consumers.

PREFERENCE

A payment made by a debtor to a creditor within a defined period prior to filing for bankruptcy -- within three months for arms-length creditors (regular commer... (more...)

A payment made by a debtor to a creditor within a defined period prior to filing for bankruptcy -- within three months for arms-length creditors (regular commercial creditors) and within one year for insider creditors (friends, family members, and business associates). Because a preference gives the creditor who received the payment an edge over other creditors in the bankruptcy case, the trustee can recover the preference (the amount of the payment) and distribute it among all of the creditors.

FRAUDULENT TRANSFER

In a bankruptcy case, a transfer of property to another for less than the property's value for the purpose of hiding the property from the bankruptcy trustee --... (more...)

In a bankruptcy case, a transfer of property to another for less than the property's value for the purpose of hiding the property from the bankruptcy trustee -- for instance, when a debtor signs a car over to a relative to keep it out of the bankruptcy estate. Fraudulently transferred property can be recovered and sold by the trustee for the benefit of the creditors.

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.

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Scott Bankruptcy & Debt Lawyer, Arkansas, page 3

Sponsored Law Firm

Wakhisi-Douglas LLC

SPONSORED LAWYERS

Brandon Keith Moffitt

Brandon Michael Haubert

Brien Garrett Saputo

Bryan P. Christian

Bryan Edwin Hosto

Caroline Curry Lewis

Charles Turner Coleman

Charles Wayne Baker

Charles Stephen Embry

Chris P. Corbitt

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LEGAL TERMS

NONEXEMPT PROPERTY

FORBEARANCE

FRATERNAL BENEFIT SOCIETY BENEFITS

SECURED DEBT

ACCORD AND SATISFACTION

TRADE NAME

PREFERENCE

FRAUDULENT TRANSFER

CREDIT INSURANCE

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