Savage is a suburban city 15 miles (24 km) south-southwest of downtown Minneapolis in Scott County in the U.S. state of Minnesota. The city is situated on the south bank of the Minnesota River in a region commonly referred to as South of the River, comprising the southern portion of Minneapolis-St. Paul, the sixteenth largest metropolitan area in the United States. The population of Savage was 21,115 at the 2000 census; the Census Bureau estimated its 2006 population at 27,292. Minnesota State Highway 13 and County Road 42 are two of the main arterial routes in the city. Interstate 35W and U.S. Route 169 are in close proximity to the city. The landing point for Irish and Scottish immigrants in 1800, Savage has grown into a developing bedroom community, absorbing population growth from Burnsville, its larger neighbor to the east. Once a shipbuilding port for the U.S. Navy, Savage is now an industrial manufacturing job center in the southern metro. The city is still relatively undeveloped, rural, and wild with sections of the Minnesota Valley National Wildlife Refuge and Murphy-Hanrehan Park Reserve within its borders. Previously named Hamilton after the city in Ontario, Canada, the town was renamed Savage after Marion Willis Savage who owned and trained the nationally celebrated racing horse Dan Patch.

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 Minnesota

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...

Federal court opinions concerning business bankruptcy law in Minnesota