Shakopee is a city southwest of downtown Minneapolis in the U.S. state of Minnesota and is the county seat of Scott County. Located on the south bank bend of the Minnesota River, Shakopee and nearby suburbs comprise the southwest portion of Minneapolis-Saint Paul, the sixteenth largest metropolitan area in the United States. The U.S. Census Bureau estimated the city's population at 33,460 in 2007. The river bank's Shakopee Historic District contains burial mounds built by prehistoric cultures. In the 17th century, Chief Shakopee of the Mdewakanton Dakota established his village on the east end. Trading brought about the city's establishment in the 19th century and Shakopee boomed as a commerce exchange site between river and rail at Murphy's Landing. Once an isolated city competing in the Minnesota River Valley, by the 1960s its economy shifted to the expanding metropolitan area. Significant growth as a bedroom community occurred after U.S. Highway 169 was realigned in 1996 toward the new Bloomington Ferry Bridge. The city is currently known for the metro area's largest attractions, Valleyfair! amusement park and the Canterbury Park horse racetrack. The Minnesota Renaissance Festival is associated with Shakopee though is located in nearby Louisville Township.

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...