Prescott is a city in Yavapai County, Arizona, USA. Locals prefer to pronounce the name PRES-skit. It is also Arizona's official Christmas City. According to 2009 Census Bureau estimates, the population of the city is 43,217. The city is the county seat of Yavapai County. In 1864 Prescott was designated as the capital of the Arizona Territory, replacing the temporary capital at Fort Whipple. The Territorial Capital was moved to Tucson in 1867. Prescott again became the Territorial Capital in 1877, until Phoenix became the capital in 1889. The towns of Prescott Valley (7 miles east) and Chino Valley (16 miles north), and Prescott, together comprise what is locally known as the "Tri-City" area. This also sometimes refers to in general central Yavapai County, which would include the towns of: Dewey-Humboldt, Mayer, Paulden, Wilhoit, and Wlliamson Valley. Combined with these smaller communities the Tri-City area as of 2007 has a population of 103,260. Prescott is the center of the Prescott Metropolitan Area, defined by the U.S. Census Bureau as all of Yavapai County. In 2009, Yavapai County was estimated to have 229,640 residents by the U.S. Census Bureau, making Prescott the third-largest metropolitan area in Arizona, after Phoenix (4.2 million) and Tucson (1 million). Prescott's four-season climate is generally mild, owing to the altitude of 5,354 ft (1,632 m), being significantly cooler than the lower southern areas of the state and yet without the harsher winters found at higher altitudes. The Yavapai-Prescott Indian Tribe reservation is located next to, and partially within, the borders of Prescott.

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 Arizona

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...