Springfield is the third and current capital of the U.S. state of Illinois and the county seat of Sangamon County with a population of 116,482 (U.S. Bureau of the Census, 2006). Over 200,000 residents live in the Springfield Metropolitan Statistical Area, which includes Sangamon County and adjacent Menard County. Present day Springfield was first settled in the late 1810s, around the time Illinois became a state. The most famous past resident is Abraham Lincoln, who lived in Springfield itself from 1837 until he went to the White House 1861. Major tourist attractions include a multitude of historic sites connected with Lincoln. In 1908 a large race riot erupted in the city which culminated in the lynching of two African American residents and led to the founding of the NAACP. The city lies on a mostly flat plain which encompasses much of the surrounding countryside. There is more hilly terrain near the Sangamon River. Lake Springfield, a large man-made lake, owned by a local public utility company called CWLP, supplies the city with recreation and drinking water. Weather is fairly typical for middle latitude locations, with hot summers and cold winters. Spring and summer weather is like that of most midwestern cities; severe thunderstorms are common. On March 12, 2006 two tornadoes touched down in the city, and caused extensive damage. They were the first to hit the city since June 14, 1957. The city is governed by a mayor-council form of government. The city proper is also the "Capital Township" governmental entity. In addition, the government of the state of Illinois is also based in Springfield. State government entities located in the city include the Illinois General Assembly, the Illinois Supreme Court and the Office of the Governor of Illinois. There are three public and two private high schools in Springfield. Public schools in Springfield are operated by District No. 186. The economy of Springfield is marked by government jobs, which account for a large percentage of the work force in the city.

Business Bankruptcy Law Lawyers In Springfield 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...