Pierce is a Statutory Town in Weld County, Colorado, United States. The population was 884 at the 2000 census. The town is a rural agricultural community located on the Colorado Eastern Plains along U.S. Highway 85 north of Greeley. It was founded in 1869 and incorporated in 1918. It was named in honor of John Pierce, then president of the Union Pacific Railroad, in anticipation of the construction of an extension of the Union Pacific line southward into Colorado. The following year in 1870 it became a watering stop for steam locomotives on the newly built Denver Pacific Railroad . A box car was used as the first town post office, depot, and telegraph office. A depot was constructed in 1905 and demolished in 1963. As a railroad stop, it became a local shipping point for cattle, sheep, potatoes, beans, and sugar beets. The town underwent a decline in population (from 1,000 in 1976) and its economic base during the latter 20th century with the construction of highways that allowed more direct shipping of agricultural products. The town today consists of a small grid of gravel streets, with one paved thoroughfare (Main Street) west of U.S. Highway 85. The principal businesses in town include a grain elevator, as well as a grocery store, tavern, and other businesses along Main Street. The town also has a school, a volunteer fire station, a church, and a town park.

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...