Huntley is a rapidly-growing village in McHenry County, Illinois and Kane County, Illinois. In 2006, the U.S. Census Bureau estimated the village's population to be 20,047. In the 2000 Census, the village had a mere 5,730 people, meaning the village's population has grown 350% in six years. Huntley has adopted a very aggressive development strategy that would fit more into place in the Sunbelt rather than in an outer suburb of Chicago. Currently, the village has 11.8 square miles (31 km). A consultant for the village has predicted that by 2020, Huntley will be home to 50,191 people and will max out at 62,560. In 2003 alone, the village gave out 1210 building permits. Huntley is best known for Prime Outlets outlet mall and a Sun City retirement community, the largest in the Midwest. The old part of Huntley is also known for its public square which features a gazebo, as well as a full brick-paved street (Woodstock St. ) and 50s-style diner, The Huntley Dairy Mart. Huntley may also be known for the innovations and controversies of Consolidated School District 158. The village's slogan is "The Friendly Village With Country Charm."

Business Bankruptcy Law Lawyers In Huntley 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...

Federal court opinions concerning business bankruptcy law in Illinois