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Business Bankruptcy Law Lawyers In Thompson Connecticut

Thompson is a rural town in Windham County, Connecticut, United States. The population was 8,878 at the 2000 census. The 10 villages of Thompson include: East Thompson, Wilsonville, Fabyan, Quinebaug, Quaddick, Mechanicsville, Grosvenordale, North Grosvenordale, Thompson Hill, and West Thompson. Thompson is located in the northeastern corner of the state and is bordered on the north by Webster, Massachusetts, on the east by Douglas, Massachusetts and Burrillville, Rhode Island and on the south by Putnam. Thompson has the highest-banked race track (Thompson International Speedway, a 5/8 mile oval) in New England. This speedway holds one of the biggest race programs in New England, "The World Series of Auto Racing", where 14 divisions and about 600 cars show up each fall. Another claim to fame is that the Tri-State Marker is located just on the border of Thompson. The term "Swamp Yankee" is thought to have originated in Thompson during the American Revolution in 1776. Thompson is also known as the site of the Great East Thompson Train Wreck in 1891, one of the worst train wrecks in American history and the only one to involve four trains. Ossian Everett Mills, founder of Phi Mu Alpha Sinfonia music fraternity, is buried in a small family plot in Thompson.

What is business bankruptcy law?

Business Bankruptcy involves the legal process that insolvent businesses take to insure fairness and equality upon creditors and to help the debtor company start anew with the property the company is allowed to keep without being hampered by their liabilities. Business Bankruptcy attorneys advise on debt relief options and guide companies through each phase of a federal bankruptcy filing -- including Chapter 7 bankruptcy debt discharge plans and Chapter 11 bankruptcy debt reorganization plans. Bankruptcy attorneys may also represent creditors seeking to have their rights enforced in connection with the bankruptcy reorganization of a debtor.

Personal Bankruptcy attorneys also advise on debt relief options and guide individuals through each phase of a federal bankruptcy filing.

Answers to business bankruptcy law issues in Connecticut

There are six basic types of bankruptcy cases provided for under the Bankruptcy Code, each of which is discussed...

Official Bankruptcy Forms must be used to file and take action in bankruptcy cases. Procedural Forms also may be...

Chapter 7 of the Bankruptcy Code provides for "liquidation," ( i.e., the sale of a debtor's nonexempt property and...

Chapter 9 of the Bankruptcy Code provides for reorganization of municipalities (which includes cities and towns, as...

Chapter 11 of the Bankruptcy Code provides (generally) for reorganization, usually involving a corporation or...

Chapter 12 of the Bankruptcy Code provides for adjustment of debts of a "family farmer," or a "family fisherman" as...

Chapter 15 is a new chapter added to the Bankruptcy Code by the Bankruptcy Abuse Prevention and Consumer Protection...

Although the Bankruptcy Code provides for a stockbroker liquidation proceeding (11 U.S.C. ยง 741 et seq.), it is far...

Most debtors who file a bankruptcy petition, and many of their creditors, know very little about the bankruptcy...

Laws prohibit debt collectors from using abusive or deceptive tactics to collect a debt. Unfortunately, many...