Jacob P. Fair

Jake Fair has a diverse practice ranging from real estate transactions to complex commercial litigation. In 2017, he successfully set aside a seven-figure default judgment entered against an out-of-state financial institution and successfully defended an alleged FDCPA violation against a debt collector.


Professional Experience

Jake Fair’s transactional and commercial litigation practice includes banking, commercial lending, municipal finance, bankruptcy and secured transactions. His more recent experience includes:

  • Defense of suits alleging violations of the Fair Debt Collection Practices Act (FDCPA).
  • Successfully set aside a significant default judgment entered against a financial institution.
  • Counsel to creditors in chapter 7 and chapter 13 bankruptcy cases.
  • Represent commercial entities in various business disputes, including breach of contract claims and tenant disputes.
  • Counsel to an individual in a guardianship proceeding with a trust dispute.
  • Counsel to the buyers of a realty company and a logistics company.
  • Assist and advise property owners’ association in collecting unpaid homeowners’ assessments and in pending bankruptcy cases.
  • Assist and advise financial institutions on daily issues.
  • Assist and advise financial institutions regarding garnishment procedure, and prepare and file answers to writs of garnishment on their behalf.

Jake is from the beautiful Heber Springs, Arkansas, and attended the University of Arkansas where he studied accounting. True to his background, Jake enjoys spending his time on Greers Ferry Lake and calling the Hogs.

Fair earned his J.D. from the UALR Bowen School of Law, graduating magna cum laude in 2015. While in law school, Fair served as Editor-in-Chief of the UALR Law Review. Fair was the recipient of the prestigious John & Ruth H. Brunson Award, given annually by the Law Review Editorial Board for distinguished service to the Law Review. He is a member of the American Bar Association, Arkansas Bar Association, Pulaski County Bar Association, the Debtor-Creditor Bar of Central Arkansas and the National Association of Bond Lawyers.

About

Fair is originally from Heber Springs, Arkansas, where he graduated from Heber Springs High School. While attending the University of Arkansas, where he earned a degree in Accounting with a minor in Financial Investments, Fair was an active member of the Greek Life community and the student government.

Community Involvement

Fair is a board member of the Central Arkansas Chapter of the Risk Management Association and a board member of the UALR William H. Bowen School of Law Alumni Board. Fair also participates in Junior Achievement, which is a program that works with local organizations to deliver programs on topics of financial literacy, work readiness and entrepreneurship to students aged kindergarten through high school.


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