Bloomington is the fifth largest city in the U.S. state of Minnesota in Hennepin County, and the third core city of the Minneapolis-St. Paul-Bloomington, MN-WI MSA. Located on the north bank of the Minnesota River above its confluence with the Mississippi River, Bloomington lies at the heart of the southern metro area, 10 miles (16 km) south of downtown Minneapolis. The city's population was 85,172 in the 2000 Census and was estimated at 80,869 in 2006. Established as a post-World War II housing boom suburb connected to the urban street grid of Minneapolis and serviced by two major highways, Interstate 35W and Interstate 494, Bloomington's residential areas include upper-tier households in the western Bush Lake area and traditional middle-class families in its rows of single-family homes in the central to eastern portions. Large-scale commercial development is concentrated along the Interstate 494 corridor. Besides an extensive park system, with over 1,000 square feet (93 m) of parkland per capita, the city's south border with the Minnesota River is buffered by the Minnesota Valley National Wildlife Refuge. Bloomington, considered by many to be a bedroom community, has more jobs per capita than either Minneapolis or St. Paul. Its economy includes headquarters of major companies such as Ceridian, Donaldson Company Inc. , HealthPartners and Toro. The city is a hospitality and retail magnet, recognized nationally for the United States' largest enclosed shopping center, Mall of America. It is presently the only suburb in the metro to be serviced by a light rail line. Early settlers named the city after Bloomington, Illinois.

Business Bankruptcy Law Lawyers In Bloomington Illinois

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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 Illinois

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...