Learn More About Business Bankruptcy Law in Mackinaw City, Michigan

Mackinaw City is a village in Emmet and Cheboygan counties in the U.S. state of Michigan. At the 2000 census the population was 859. The name "Mackinaw City" is a bit of a misnomer as it is actually a village. The population greatly increases though during the tourist season with seasonal workers for the large number of hotels and other recreational facilities along the Straits of Mackinac. Mackinaw City is at the southern end of the Mackinac Bridge, which allows travel to the Upper Peninsula of Michigan. Mackinaw City, along with St. Ignace across the straits, is a base for ferries to Mackinac Island. According to AAA's 2009 TripTik requests, Mackinaw City is the most popular tourist city in the state of Michigan. Local attractions include Fort Michilimackinac, the Mackinac Bridge, the Mackinaw Crossings shopping mall, Mill Creek, the Old Mackinac Point Light, the Historic Village, and the McGulpin Point Light. The larger portion of the village, in area, is in Wawatam Township, Emmet County, though the downtown district and much of the development lies within Mackinaw Township, Cheboygan County.

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...