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Arkansas Business Law Questions & Answers
2 Answers | Asked in Business Law, Contracts and Real Estate Law for Arkansas on
Q: Can a finance company seize my house for a missed car payment in Arkansas?

I live in Arkansas and have missed one car payment on an unsecured car loan. I have no other debts. Can the finance company seize my house because of this missed car payment?

Anthony M. Avery
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answered on Apr 22, 2025

If they repossess the car, sell it, realize a note deficiency, then they can sue you for the remaining balance due. When they get a judgment, then they can execute on home. Creditor can only foreclose on home if you gave them a security instrument against it.

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1 Answer | Asked in Business Law and Landlord - Tenant for Arkansas on
Q: What does it mean if my landlord license has been revoked? I live in arkansas.
James L. Arrasmith
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answered on Mar 31, 2024

If your landlord's license has been revoked in Arkansas, it means that they no longer have the legal right to operate as a landlord in the state. This could happen for a variety of reasons, such as:

1. Failing to maintain the property in accordance with housing codes and regulations...
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1 Answer | Asked in Banking and Business Law for Arkansas on
Q: Is there anything you can do to reclaim money lost in a scam? Or file a loss for the item you paid for but did not get?

The money lost was a loan from the bank. The bank wired the money to the scam account. Money was taken and item was never received. Do banks have some kind of insurance to cover things like this? Can you file a loss/theft with your insurance since you never received the item?

This was a... View More

James L. Arrasmith
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answered on Jan 31, 2024

If you've lost a significant sum of money in a scam where your bank wired the funds to the scammer's account and the item you paid for was never received, there are steps you can take to address this situation. While banks may have fraud protection measures in place, it's essential... View More

1 Answer | Asked in Business Law, Gov & Administrative Law and Municipal Law for Arkansas on
Q: Can a church allow smoking if they are a private residence
James L. Arrasmith
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answered on Jan 8, 2024

In Arkansas, the rules regarding smoking in private residences, including those used as places of worship, are generally less restrictive compared to public spaces. If a church is also a private residence, the decision to allow smoking typically falls under the discretion of the property owner or... View More

1 Answer | Asked in Business Law and Consumer Law for Arkansas on
Q: Options for getting rid of timeshare in Hot Springs Village.

I have a timeshare in Hot Springs Village with no outstanding fees, and I've recently signed up with "Sell My Time Share Now" to sell it. They agreed to advertise the timeshare on their website until it sells. However, I've read online that it's generally hard to sell... View More

James L. Arrasmith
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answered on May 15, 2025

Selling a timeshare can indeed be challenging, and while "Sell My Time Share Now" is one option, it’s essential to be aware that many people struggle to sell their timeshares due to the market's limited demand. If you haven’t already, it might be worth checking if there are any... View More

1 Answer | Asked in Contracts and Business Law for Arkansas on
Q: Do I have a legal case against Pam Transport for breaking employment promise after CDL training?

I attended a CDL training program in Arkansas with Pam Transport, which promised me employment after completing the schooling. However, I was terminated for unknown reasons and now owe $4,500 to Pam Transport. I signed a contract with them and have tried to get clarification but have received no... View More

James L. Arrasmith
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answered on May 15, 2025

It sounds like you may have grounds to challenge Pam Transport's actions, especially if they broke a promise or contract regarding your employment after completing CDL training. If you signed a contract that explicitly promised employment, and they terminated you without clear cause, this... View More

1 Answer | Asked in Antitrust, Business Law, Tax Law, White Collar Crime and Criminal Law for Arkansas on
Q: Can rerouting vendor invoices for false revenue be illegal?

I work for a logistics company that orders and ships materials for clients. Recently, I was instructed to stop ordering directly from vendors. Instead, a sister company under the same parent organization will now place those orders, receive the original invoices, and send marked-up invoices to us.... View More

James L. Arrasmith
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answered on May 15, 2025

Yes, rerouting vendor invoices and marking them up to create false revenue can raise serious legal concerns. If the intent behind the change is to make it appear that the sister company is earning revenue when, in reality, it’s just a pass-through with artificial pricing, that could be seen as a... View More

1 Answer | Asked in Business Law, Consumer Law, Real Estate Law and Personal Injury for Arkansas on
Q: What are my legal options for property damage and realtor misrepresentation in West Helena, AR?

I purchased a house in West Helena, Arkansas, and before making the final payment at closing, all the windows were broken and the doors were stolen. Initially, I was informed it was a decent neighborhood, which influenced my purchase decision. Only after making a police report about the damage did... View More

James L. Arrasmith
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answered on May 14, 2025

What happened to you is incredibly frustrating, especially after making such a major investment based on what you were told. If the realtor gave you false or misleading information about the safety of the neighborhood, you may have grounds to pursue a claim for misrepresentation. In Arkansas, if a... View More

1 Answer | Asked in Criminal Law and Business Law for Arkansas on
Q: Felony threshold for bogus check in Arkansas

In Arkansas, how much does a check need to be for it to be classified as a felony if it's a bogus check? There are ongoing legal proceedings against me related to a business check that has my personal name on it. The check was returned due to issues with the account.

James L. Arrasmith
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answered on Apr 12, 2025

In Arkansas, the severity of penalties for issuing a worthless check depends on the check's value. Checks valued at $200 or less typically result in misdemeanor charges, with fines ranging from $50 to $500 and potential imprisonment of up to one year. However, for checks exceeding $200, the... View More

1 Answer | Asked in Tax Law, Banking and Business Law for Arkansas on
Q: If a LLC in Montana purchases an RV in Arkansas, does the company pay any sales tax?

An LLC in Montana has a legal residence there, and therefore pays no sales, use, or property tax on purchases. So can I as the owner of the Montana LLC, acting as the company, purchase an RV in Arkansas, register it in Montana, and pay no sales tax on the purchase?

James L. Arrasmith
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answered on Oct 10, 2024

While your Montana LLC doesn't pay sales tax in Montana, purchasing an RV in Arkansas might still subject you to Arkansas sales tax. Many states require sales tax to be collected on vehicle purchases made within their borders, regardless of where the vehicle will be registered.... View More

1 Answer | Asked in Business Law for Arkansas on
Q: If a lawyer sent me an unsigned lease and said the property owner approved, they need me to approve it. Will it hold up?
Tim Akpinar
Tim Akpinar
answered on Dec 24, 2023

An Arkansas attorney could advise best, but your question remains open for a week. Since this involves a lease, you could repost and add "Landlord-Tenant" as a category. Although some questions go unanswered on this forum, you might have better chances of a response there. Good luck

1 Answer | Asked in Business Law for Arkansas on
Q: Can you help me find an attorney who specializes in nonprofit organizations? There is no state association in Arkansas.

A Google search turns up injury lawyers, criminal and family lawyers, but not even one that specializes in business law and there is no state association of nonprofits in Arkansas. We are looking for someone to turn to in order to stay current on laws concerning nonprofits and/or to serve on our... View More

Matthew Morris
Matthew Morris
answered on Aug 21, 2023

Here are some options for you to find a nonprofit organization attorney who might be able to help.

First, you might refine your Google technique. Try specifically searching for a "nonprofit organization attorney." That might filter out some of the criminal lawyers and family...
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1 Answer | Asked in Tax Law, Business Law and Gov & Administrative Law for Arkansas on
Q: Does a not for profit organization charge different taxes for drinks served to guests compared to members
T. Augustus Claus
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answered on Aug 8, 2023

In general, the tax treatment of drinks served by a not-for-profit organization can vary depending on the specific laws and regulations of the jurisdiction where the organization is located. Different states and localities may have different rules regarding taxation of sales to guests versus... View More

1 Answer | Asked in Business Law for Arkansas on
Q: What are the laws in Arkansas related to insurance for starting a transportation service.
Tim Akpinar
Tim Akpinar
answered on Jul 11, 2023

An Arkansas attorney could advise best, but your question remains open for two weeks. An insurance professional could advise on the types of insurance needed (general liability, property, workers' comp, etc.). A business attorney could advise on considerations about selecting a business... View More

1 Answer | Asked in Business Law and Gov & Administrative Law for Arkansas on
Q: I am interested in Arkansas laws related to insurance for starting a transportation service.
Tim Akpinar
Tim Akpinar
answered on Jul 10, 2023

An Arkansas attorney could advise best, but your question remains open for a week. An experienced insurance professional might also be able to provide guidance here on the insurance-related issues. There is considerable information to cover for the short format of this forum - commercial liability... View More

1 Answer | Asked in Employment Law, Real Estate Law and Business Law for Arkansas on
Q: Is there a conflict of interest for me as a "active" realtor to start a new job as assessor or appraiser for Pulaski Co?

I'm basically wondering if I'll be able to keep my license active and sell real estate part time while working as an assessor and eventually an appraiser for Pulaski County or not.

Anthony M. Avery
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answered on Oct 6, 2022

Contact your State Regulatory Agency which licenses real estate agents and ask them.

1 Answer | Asked in Business Law, Communications Law and Gaming for Arkansas on
Q: Is it possible for me to sue Pokémon support for lying in their code of conduct and negligence

Code of conduct says “if you believe you have been mistakenly discipline, please contact support here” which is where I make support request ticket but after making one all I get is an email (This is an automated email response.) saying “we don’t respond to inquiry’s of that kind” or... View More

Erik Špila
Erik Špila
answered on Aug 22, 2022

Dear Mrs or Mr,

well this is kind of not so exact question, but I will try to provide an answer to at least some extent.

At first the question about "If you are able to sue someone" is very general and the general answer to this is that Yes, you can sue, because you can...
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1 Answer | Asked in Business Law, Civil Litigation and Gov & Administrative Law for Arkansas on
Q: what to do when the hearing officer makes false statements in the FINDING OF FACTS.

I have all the proof that he/she stated false facts. I also have the audio recording .

Peter N. Munsing
Peter N. Munsing
answered on Jun 17, 2021

You make an appeal. You may think all facts are absolute. But often what we think are "facts" are either a combination of facts and the conclusions we draw from them--and conclusions are always subject to argument.

Even judges have been known to make errors as to what the...
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1 Answer | Asked in Business Law for Arkansas on
Q: I have given my company a two weeks notice. They are asking I give an exit interview and complete an “exit inventory”

Do I have to comply? It’s an at will employer so can I chose to resign effectively immediately instead of complying with exit steps? I’ve reviewed my acceptance letter and employee handbook table of contents I signed and see nothing specifically addressing “exit interview and or exit... View More

Tim Akpinar
Tim Akpinar
answered on Aug 28, 2020

You await a response for three weeks. You could try reposting in the Employment Law category. There's no guarantee that all questions are picked up, but you might have better chances there. Good luck

Tim Akpinar

1 Answer | Asked in Business Law for Arkansas on
Q: Hey I'm trying to see how can I find out if a pawn shop is legal to be open in monticello
Don Spears
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answered on May 29, 2020

Check with the city clerk.

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