Marion is a small city in Southern Illinois and serves the rural area as one of the region's largest retail trade centers. It is located at the intersection of Illinois Route 13 and Interstate 57. Originally platted in 1839 to become the county seat of the newly created Williamson County, it was named after American Revolutionary War hero General Francis "Swamp Fox" Marion. Today it has 17,282 residents, according to a special census conducted in November 2006, and is continuing to grow. The city's longtime municipal leader, Mayor Robert L. "Bob" Butler has borrowed Boston, Massachusetts's nickname, stating the city is "Marion: Hub of the Universe. " It sits at the edge of the Crab Orchard National Wildlife Refuge with the Shawnee National Forest just a few miles away. Southwest of the city is the United States Penitentiary, Marion, the federal government's replacement for Alcatraz Island prison.

Business Bankruptcy Law Lawyers In Marion 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...