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William F. Godbold IV

William F. Godbold IV

Creative approaches to personal & small business debtor/creditor issues
  • Bankruptcy, Collections
  • Arkansas
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Bill Godbold joined Natural State Law in 2019. He practices exclusively in the areas of debtor/creditor litigation and bankruptcy.

Prior to joining the firm, Bill represented debtors at two of the largest volume consumer bankruptcy firms in Arkansas, where he became experienced in all aspects of consumer bankruptcy. Bill has also represented small business and farm debtors in liquidations and reorganizations. Bill is the current Secretary-Treasurer of the Debtor-Creditor Bar of Central Arkansas.

Bill’s experience and knowledge enable him to creatively and effectively help his clients achieve their goals.

Practice Areas
Chapter 11 Bankruptcy, Chapter 13 Bankruptcy, Chapter 7 Bankruptcy, Debt Relief
Additional Practice Area
  • Debtor/creditor
  • Free Consultation
Jurisdictions Admitted to Practice
Arkansas Judiciary
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8th Circuit
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U.S. District Court for the Eastern and Western District of Arkansas
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  • Japanese: Spoken, Written
Professional Experience
Natural State Law
- Current
William H. Bowen School of Law
J.D. (2014)
Honors: Cum Laude
Activities: Law Review
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State University of New York - Albany
B.A. (2005) | Japanese Studies
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University of Arkansas - Fayetteville
B.S.Ch.E. (2003) | Chemical Engineering
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Professional Associations
Debtor-Creditor Bar of Central Arkansas
Secretary Treasurer
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Debtor-Creditor Bar of Central Arkansas, Inc.
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Speaking Engagements
To 3012(c), or Not to 3012(c)? That is the Question
Debtor-Creditor Bar of Central Arkansas, Inc.
?§506 valuation of governmental claims, plan feasibility and confirmation, and possible issues
Websites & Blogs
Legal Answers
1 Questions Answered
Q. Do I get my money back after failing to successfully complete chapter 13 bankruptcy?
A: If your proposed Chapter 13 plan was confirmed, any money you paid in would be paid out to creditors according to the terms of the plan and you would not receive it back.

Depending on the terms of the plan, your payments may have gone to pay your attorney fees first. Then when your case was dismissed and you no longer had the protection of the automatic stay, your creditors would be able to resume collection actions against you.
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Contact & Map
Natural State Law, PLLC
900 S Shackleford Rd Ste 705
Little Rock, AR 72211
Telephone: (501) 916-2878