Learn More About Business Bankruptcy Law in De Tour Village, Michigan

De Tour Village is a village in Chippewa County in the U.S. state of Michigan. The population was 421 at the 2000 census. The village is at the extreme eastern tip of the Upper Peninsula of Michigan, in Detour Township, at the turning point for the shipping channel connecting the St. Mary's River with Lake Huron and the Straits of Mackinac. Drummond Island, one of the largest islands in the St. Mary's River, is only one mile across the river from De Tour. The De Tour Reef Light is nearby. The village was originally named Warrenville in 1848 after Ebenezer Warren, the first postmaster in the township. The name was changed to De Tour on July 25, 1856, when a new postmaster, Henry A. Williams, assumed office. De Tour was incorporated as De Tour Village in 1961 (the word "Village" is a part of the village's name). M-134 runs through the village, connecting with I-75 43 miles to the west and with M-129 25 miles to the west, which runs north 37 miles to Sault Ste. Marie. M-134 also continues east to Drummond Island via the Drummond Island Ferry.

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 Michigan

What are the different options for bankruptcy?

There are six basic types of bankruptcy cases provided for under the Bankruptcy Code, each of which is discussed...

Where Can I get Bankruptcy Forms?

Official Bankruptcy Forms must be used to file and take action in bankruptcy cases. Procedural Forms also may be...

What is a Chapter 7 Bankruptcy Liquidation?

Chapter 7 of the Bankruptcy Code provides for "liquidation," ( i.e., the sale of a debtor's nonexempt property and...

What is a Chapter 9 Municipality Bankruptcy?

Chapter 9 of the Bankruptcy Code provides for reorganization of municipalities (which includes cities and towns, as...

What is a Chapter 11 Bankruptcy Reorganization?

Chapter 11 of the Bankruptcy Code provides (generally) for reorganization, usually involving a corporation or...

What is a Chapter 12 Family Farmer or Family Fisherman Bankruptcy?

Chapter 12 of the Bankruptcy Code provides for adjustment of debts of a "family farmer," or a "family fisherman" as...

What is a Chapter 15 Cross-Border Bankruptcy?

Chapter 15 is a new chapter added to the Bankruptcy Code by the Bankruptcy Abuse Prevention and Consumer Protection...

What is the Securities Investor Protection Act?

Although the Bankruptcy Code provides for a stockbroker liquidation proceeding (11 U.S.C. ยง 741 et seq.), it is far...

What Bankruptcy Terminology Should I be Familiar with?

Most debtors who file a bankruptcy petition, and many of their creditors, know very little about the bankruptcy...

How can I protect myself from debt collectors?

Laws prohibit debt collectors from using abusive or deceptive tactics to collect a debt. Unfortunately, many...