Dilks Law Firm Archives

Desha County farmer William E. Palsa Jr. began farming in 2001. He filed for Chapter 7 bankruptcy in April.[shutterstock]

Lenders Sue Desha County Farmer Over $10M in Crop Loans

Failing to pay back their crop loans to their lenders is just one of the reasons this Desha County farm is in legal hot water. read more >

by Mark Friedman - October 20, 2025, 12:00am

Banking & Finance / Construction / Industry

Paragould Convenience Store Files for Bankruptcy

Detco Inc., which does business as North Point 66, listed $2.77 million in assets in its filing in U.S. Bankruptcy Court for the Eastern District of Arkansas. read more >

by Arkansas Business Staff - September 16, 2024, 12:00am

Matt Bishop, a Fayetteville attorney who has filed suit against merchant cash advance companies, says their non-loan approach to financing “kind of took off as a lot of states started shutting down payday lenders.”

Banking & Finance / Business Services / Health Care

Merchant Cash Advances Draw Fire

Desperate businesses that turned to merchant cash advance companies for rescue found their lifeline shackled to high interest rates, hidden fees and long-term debt, several lawsuits claim. read more >

by Mark Friedman - December 7, 2020, 12:00am

In 2018, Wayne Caldwell Sr. transferred ownership of his house at 5 Cambridge Place in Dumas to his fiancée, Patricia D. Thompson, for $200,000, according to bankruptcy filings.

Agriculture & Poultry / Banking & Finance / Business Services

In Bankruptcy, Caldwell Admits Selling Property but Denies Fraud

A Dumas agribusinessman who admits to selling property used as security for millions of dollars in bank loans expects to be charged by federal prosecutors, but as of Wednesday he was still waiting. read more >

by Mark Friedman - November 9, 2020, 12:00am