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Business Bankruptcy Law Lawyers In Arcadia Louisiana

Arcadia is a town in and the parish seat of Bienville Parish in north Louisiana, United States. The population was 3,041 at the 2000 census. Pilgrim's Pride, a poultry company, announced early in 2009 the closure of its feed mill in Arcadia as well as the ending of other operations in nearby Athens in Claiborne Parish, Choudrant in Lincoln Parish, and Farmerville in Union Parish. The impact cost North Louisiana a combined 1,300 jobs. Several weeks later, however, Pilgrim's Pride accepted an $80 million offer from Foster Farms of California to purchase the operations. In addition, to the 1,300 direct jobs, mostly in Farmerville, the purchase spares the small farms of some three hundred independent growers. Foster Farms put up $40 million and the State of Louisiana a matching $40 million. Foster Farms will further invest $10 million in capital improvements at the Farmerville plant, to be matched by the state, in an agreement announced by Governor Bobby Jindal. In 1934, the corpses of the young fugitives Bonnie and Clyde were brought for embalming to the former Conger Funeral Home in Arcadia, the couple having been shot to death in a volley of bullets from six law-enforcement officers from both Bienville Parish and Dallas County, Texas. The bodies were then sent to Dallas for separate funerals and interments. The ambush occurred southwest of Arcadia on Louisiana State Highway 154 between Gibsland and Sailes. The focus of tourism regarding Bonnie and Clyde has been at Gibsland, where L.J. "Boots" Hinton, son of posse member Ted Hinton, operates the Bonnie and Clyde Ambush Museum.

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 Louisiana

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...

Federal court opinions concerning business bankruptcy law in Louisiana