Normal is an incorporated town in McLean County, Illinois, United States. It had a population of 45,386 as of the 2000 census. The smaller of two principal municipalities of the Bloomington-Normal metropolitan area in area and population, Normal's population had risen to 50,519 by 2005. Originally known as North Bloomington, the town was founded under the name of Normal in February 1865 and officially incorporated in 1867. The name was taken from Illinois State Normal University, a normal school (teacher-training institution) located there. The school has since been renamed Illinois State University after becoming a general four year university. Normal is adjacent to Bloomington, Illinois, and when mentioned together they are known as the "Twin Cities," "Bloomington-Normal," or simply "B-N. " The current mayor of Normal is Chris Koos. The main campus of Illinois State University, a four-year, fully accredited institution, Illinois' oldest public university, is located in Normal, as is Heartland Community College, a two-year, fully accredited institution. There is also a satellite campus of Lincoln College, which offers associate degrees as well as four-year programs. As of 2009, downtown Normal is being revitalized to attract new businesses, and was recently made the home of the new Children's Discovery Museum. The district is also home to the historic and non-profit Normal Theater, a restored Art Deco theater owned by the Town of Normal that runs classic and independent films. In 2007, the town council voted to name the downtown area "uptown Normal", though the name change was not popular in town. A large percentage of residents of Normal are employed by Illinois State University, State Farm Insurance (Corporate Headquarters in Bloomington), Country Financial (Corporate Headquarters in Bloomington), Unit 5 schools, and the Mitsubishi Motors North America manufacturing facility, which manufactures the Eclipse, Eclipse Spyder, Endeavor, and Galant.

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...