Lincolnshire is a village in the Vernon Township region of Lake County, in the U.S. state of Illinois. The village is a suburb of Chicago, a city in the adjacent Cook County. Its population was 6,108 at the time of the 2000 census. Lincolnshire was incorporated on August 5, 1957, from the unincorporated Half Day area when land was purchased to build a residential subdivision. The community underwent an aggressive era of expansion from 1983 to the 1990s. The Des Plaines River bisects the village, passing from north to south; Illinois Route 22 also divides the village into two parts, crossing the village from east to west. Lincolnshire is home to the public secondary Adlai E. Stevenson High School institution and the schools that compose the elementary Lincolnshire-Prairie View School District 103. It serves as the headquarters for corporations including the global outsourcing company Hewitt Associates, and is the base of operations for the Newman-Haas Racing team. The village of Lincolnshire hosts several festivals (including one mirroring the Taste of Chicago) annually in either commercial establishments such as City Park or the Village Green, or in one of its nine public parks. Additionally, the village maintains a police department that closely collaborates with its local school districts. Lincolnshire manages a public works system at the direct expense of the village; it retrieves all of its water from the city of Highland Park, which derives its water from adjacent Lake Michigan. The village has a council-manager government and is a home-rule municipality. The mayor of Lincolnshire is Brett Blomberg.

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...