Frostburg is a city in Allegany County, Maryland, United States located at the head of the Georges Creek Valley. It is part of the Cumberland, MD-WV Metropolitan Statistical Area. The population was 7,873 at the 2000 census. Located eight miles (13 km) west of Cumberland, Maryland, the town is one of the first cities on the "National Road", US 40, and the western terminus of the Western Maryland Scenic Railroad. Since 1991, the city has been served by Interstate 68. The City of Frostburg has an approximate year-round population of 8,075. In addition, 5,400 students attend Frostburg State University, a public university within the University System of Maryland. There have been several annexations in the City of Frostburg during 2009, and it is the only area of Allegany County which has shown growth within the last five years. Frostburg was originally called Mount Pleasant until 1820, when the government developed a postal service, and the town was renamed Frostburg.

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...