Business Details
13 Years
experience
Arkansas Bankruptcy & Debt Relief Attorneys
Dilks Law Firm specializes in debt relief and bankruptcy solutions, providing personalized legal guidance to individuals and businesses facing financial challenges. With a dedicated focus on bankruptcy law, foreclosure defense, and debt negotiation, we combine extensive experience with compassionate client service. Our team prioritizes direct communication, ensuring clients remain informed throughout every legal process.Recognized for excellence in Arkansas, we offer strategic solutions to protect assets and achieve financial stability. Backed by rigorous training and industry recognition, we deliver aggressive representation while maintaining a client-centered approach. Our practice is built on integrity, expertise, and a commitment to helping clients navigate complex financial situations with confidence.
Services
Chapter 7 Bankruptcy
Chapter 13 Bankruptcy
Chapter 11 Bankruptcy
Debt Negotiation
Foreclosure Defense
Garnishment Protection
Repossession Prevention
Student Loan Solutions
Details
- Year established: 2013
Highlights and features
- Experienced in handling bankruptcy cases since 2013
- Aggressive when protecting your home and income
- Knowledgeable about all debt relief options
- Tough when dealing with creditors
- Compassionate when guiding clients through financial challenges
What people say
Easy to talk with
Kept us informed
Trouble-free bankruptcy
Second chance
Excellent representation
Services
Chapter 7 Bankruptcy
Chapter 7 bankruptcy eliminates unsecured debts through asset liquidation. This process provides immediate creditor protection, allowing debtors to discharge obligations like credit card balances and medical bills. Our attorneys ensure compliance with Arkansas exemptions to protect essential assets while achieving financial relief.
Chapter 13 Bankruptcy
Chapter 13 establishes structured repayment plans for debtors with regular income. This solution stops foreclosures, restructures mortgage arrears, and consolidates debts into manageable monthly payments. Our team negotiates favorable terms while preserving retirement accounts and other protected assets during the 3-5 year plan period.
Debt Negotiation
Debt negotiation resolves unsecured obligations through direct creditor communication. We secure reduced payoff amounts or modified payment schedules without court filings. This approach preserves credit scores while providing practical alternatives to bankruptcy for qualifying clients facing temporary financial hardship.
Foreclosure Defense
Foreclosure defense strategies protect homeowners from property loss. We challenge improper lender practices, negotiate loan modifications, and utilize bankruptcy protections to stop sales. Our proactive approach combines legal expertise with personalized solutions to preserve home equity and stabilize housing situations.
Garnishment Prevention
Garnishment prevention stops involuntary income deductions through legal interventions. We immediately halt collection actions using bankruptcy protections or debt restructuring strategies. Our firm ensures compliance with Arkansas wage garnishment laws while developing long-term solutions to resolve underlying debt obligations.
People
Lyndsey D. Dilks
Owner/Attorney
Lyndsey Dilks founded Dilks Law Firm in 2013 after clerking for Chief Bankruptcy Judge Audrey Evans. Recognized as Little Rock's Best Lawyer in 2019, she specializes in complex bankruptcy matters and mortgage litigation with a client-centered approach.
Frank H. Falkner
Attorney
Frank Falkner provides legal expertise in bankruptcy proceedings and debt restructuring. With extensive experience in consumer protection law, he advocates for clients facing financial distress through strategic legal solutions tailored to individual circumstances.
Lauren Sparks
Paralegal
Lauren Sparks supports bankruptcy cases with meticulous case management and client communication. Her organizational skills ensure efficient document preparation and compliance with court requirements throughout the bankruptcy process.
Stephanie Suggs
Legal Assistant
Stephanie Suggs coordinates client interactions and case logistics with professionalism. She maintains seamless communication between clients and attorneys while managing administrative aspects of bankruptcy filings and debt negotiation processes.
Questions
What bankruptcy options exist for Arkansas residents?
Arkansas residents can file Chapter 7 (liquidation), Chapter 13 (reorganization), or Chapter 11 (business restructuring) bankruptcy. Our firm evaluates income, debt types, and assets to recommend the optimal solution.
How does bankruptcy stop creditor harassment?
Bankruptcy triggers an automatic stay that immediately halts collection calls, lawsuits, and wage garnishments. Violating this court order results in penalties for creditors attempting continued contact.
Can I keep my home during bankruptcy?
Arkansas homestead exemptions often protect primary residences. Chapter 13 specifically allows mortgage arrears repayment while retaining property through structured payment plans.
What debt relief alternatives exist besides bankruptcy?
Debt negotiation, creditor settlement programs, and loan modifications offer alternatives. We analyze financial situations to determine whether these options provide better outcomes than formal bankruptcy proceedings.
How long does bankruptcy affect credit scores?
Chapter 7 remains on credit reports for 10 years, while Chapter 13 appears for 7 years. Many clients rebuild credit within 2-3 years through responsible financial management post-discharge.
What areas does Dilks Law Firm serve?
We serve Arkansas residents statewide, including Little Rock, Fayetteville, Jonesboro, Texarkana, and surrounding regions from our Little Rock headquarters.
