Crisfield is a city in Somerset County, Maryland, United States. The population was 2,723 at the 2000 census. It is included in the Salisbury, Maryland Metropolitan Statistical Area. Crisfield has the distinction of being the southernmost incorporated city in Maryland. The city now known as Crisfield began as Annemessex, a small fishing village. Its name was changed to Somers Cove, after Benjamin Summers. Only after the business potential for seafood was discovered did the quiet fishing town grow into a large city, due to the efforts of John W. Crisfield in bringing the Pennsylvania Railroad to the town. Crisfield briefly became the second most populous city in the entire state of Maryland, known as the "Seafood Capital of the World"; indeed, its success was so great that the train soot and oyster shells prompted the extension of the city's land into the marshes, so that the downtown area is literally built atop oyster shells, a common claim by those from the city. Crisfield began to slip into decline as the declining health of the Chesapeake Bay began to reduce the watermen's catches. The city has recently seen the construction of condominiums; however, the city still has not seen a significant population growth. However, a Strategic Revitalization Plan is underway and the city's sewer line has been upgraded recently to accommodate the growing needs as more development takes place. Currently, Crisfield is largely a destination for tourism. It hosts many events and festivals, the most prominent of which is the National Hard Crab Derby.

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 Maryland

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...