Financial stress affects more than your bank account. It affects your ability to sleep, plan, and breathe. If debt, lawsuits, garnishments, or collection calls keep piling up, you deserve steady guidance you can trust. At The Knapp Law Firm, we help individuals and families understand their options under bankruptcy law and map a plan toward stability. You get clear explanations, honest expectations, and a process that protects your dignity at every step.
For more than two decades, Donald E. Knapp, Jr. has helped people across the Delta, Memphis, Helena, and Hot Springs regain control of their finances. We listen first and explain what Chapter 7 or Chapter 13 really means in your situation. We talk through timelines, fees, and required documents in plain language. You stay informed from the first call until your case closes.
Bankruptcy can feel intimidating. Our job is to make it understandable, manageable, and steady.
We help you take the weight off your shoulders by making each step clear. You get straightforward answers, local insight, and a process designed to reduce stress.
Chapter 7 provides a fresh start by clearing qualifying debts and stopping collection actions. We review your income, assets, and debt types to see if Chapter 7 fits your situation. We prepare filings, guide you through required courses, and explain what to expect at the trustee meeting.
Commercial deals carry added layers of rules and risk. We review leases, contracts, financing terms, and due diligence documents to protect your investment and help you make informed decisions.
Bankruptcy law includes an automatic stay that stops wage garnishments, foreclosure steps, repossession efforts, and collection calls once we file your petition. We explain exactly how it works and what it covers.
Sometimes bankruptcy is not the only option. We review your full financial picture and talk through alternatives when appropriate. You get an honest assessment with no pressure.
For business owners, we evaluate personal guarantees, equipment loans, leases, and tax issues. We prepare filings that support your plan to reorganize or close with as little disruption as possible.
We take on the communication so you can focus on your next steps. We prepare all necessary forms, submit filings, and guide you through trustee questions in clear terms.
People choose us because we explain every step in a way that feels manageable. We reduce fear, set expectations early, and respond when you need answers. Our insight comes from years of serving Delta communities and helping families across Arkansas, Tennessee, and Mississippi rebuild after financial strain.
We begin with a simple conversation about your income, expenses, assets, and debt. We review lawsuits, garnishments, and letters you may have received. We then map the path forward, prepare the petition, and file with the court once everything is correct. We stay with you through the trustee meeting and follow-up steps until your case reaches a final resolution.
You stay informed and supported at every milestone.
No. Bankruptcy protects certain essentials. We explain what the law allows you to keep and how exemptions work in your state.
Yes. Filing triggers an automatic stay that pauses most collection actions immediately.
We review your income, assets, and goals. Chapter 7 clears qualifying debts. Chapter 13 creates a structured repayment plan.
Chapter 7 often takes a few months. Chapter 13 lasts three to five years depending on the repayment plan.
No. Your score may dip at first but often improves as debts clear and accounts stabilize.
Often yes. Exemptions and repayment plans can help protect these assets.
Yes. We review personal guarantees, leases, and equipment financing and map a realistic approach.
Most clients attend one trustee meeting. We explain what to expect and prepare you beforehand.
We help you gather pay stubs, tax returns, bills, lawsuits, and statements. We keep the list simple and clear.
We represent clients across Arkansas, Tennessee, and Mississippi, with offices in Helena and Hot Springs and strong support for Memphis residents.
You can, but the process involves strict deadlines and detailed filings. Many people choose us so nothing gets overlooked.
You don’t have to take time off work or arrange childcare to get legal advice. We offer consultations by phone, Zoom, or FaceTime at times that fit your schedule. Whether you’re across town or across the state, we make it easy to connect. Call today to schedule your free consultation.
