Arkansas Code Title 16, Subtitle 7, Chapter 117, Subchapter 3 - Petition by Insolvent Debtor

• § 16-117-301 - Complaint to Be Declared Insolvent -- Appointment of Receiver.
  Any insolvent debtor may file in the circuit court of the county in which he or she resides a complaint in which one (1)...
• § 16-117-302 - Delivery of Property -- Selection of Exempt Property.
  (a) When the receiver has been qualified, the debtor shall turn over to the receiver all of his or her property. For the real...
• § 16-117-303 - List of Creditors Furnished -- Notice.
  The debtor shall furnish the names and addresses of his or her creditors, who shall be notified by mail and also by order of...
• § 16-117-304 - Attachments -- Intervention by Receiver -- Dismissal and Return of Property.
  The receiver shall intervene in every case in which the property of the insolvent debtor has, within ten (10) days before the filing of...
• § 16-117-305 - Receiver to Convert Property Into Money.
  As soon as the receiver shall have taken the property into his or her custody, he or she shall proceed under the direction of...
• § 16-117-306 - Distribution of Funds.
  (a) Upon the final hearing, the court, after deducting the cost and paying all public taxes, shall order the proceeds to be distributed among...
• § 16-117-307 - Insolvent Partnerships.
  In the case of an insolvent partnership, all or any of the partners may unite in one (1) complaint filed in the county where...

Last modified: November 15, 2016