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Business Bankruptcy Law Lawyers In Baton Rouge Louisiana

Baton Rouge is the capital and second-largest city of Louisiana. It is located in East Baton Rouge Parish and has an estimated population of 227,017. The metropolitan area, known as Greater Baton Rouge, has an estimated population of 774,327. The Baton Rouge-Pierre Part Combined Statistical Area, consisting of the Baton Rouge metropolitan area and Pierre Part micropolitan area, has a population of 797,208, making it the 64th-largest urban area in the United States. Baton Rouge is located in the southeast portion of the state along the Mississippi River. It owes its historical importance to its site upon Istrouma Bluff, the first bluff upriver from the Mississippi River Delta, which protects the city’s residents from flooding and other natural disasters. In addition to this natural barrier, the city has built a levee system stretching from the bluff southward to protect the riverfront and low-lying agricultural areas. Baton Rouge is a major industrial and petrochemical center of the American South. The Port of Baton Rouge is the ninth largest in the United States in terms of tonnage shipped. The Baton Rouge region is called the "Capital Area."

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. § 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...