Branson is a Statutory Town in Las Animas County, Colorado, United States. The population was 77 at the 2000 census. It is the southernmost town in the state of Colorado, located just 0.30 miles (0.48 km) from the New Mexico border. Branson is located 35 miles east of Trinidad, Colorado, on State Highway 389, in the Great Plains, as well in the Black Mesa area, the town is surrounded by mesa. It is a ranching community today. Farming in the area was severely impacted by the dust bowl. Branson is much smaller than it once was in more optimistic days and features some picturesque abandoned buildings. The town was first known as Wilson, or Wilson Switch; then as Coloflats. A post office was established in 1915, and its name was changed to Branson in 1918. The town is named after Josiah F. Branson who platted the town on his land. The town was incorporated in 1921. Branson is located north of a break in the mesas which separate Southeast Colorado from Northwest New Mexico, the route of a minor branch of the Santa Fe Trail. It was founded near a switch, Wilson Switch, of the Denver, Texas, and Fort Worth Railroad, now the Colorado and Southern Railway. A depot was built in 1918. Despite being unsuitable for farming, many homesteaders attempted dryland farming in the early 20th century. In good years there were bountiful harvests of grain and in the 1920s the town boasted 1000 people and 3 grain elevators as well as facilities such as a bank and a newspaper. After the drought and dust bowl of the 1930s population decreased rapidly as the economy turned from farming to ranching.

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 Colorado

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 Colorado