Learn More About Business Bankruptcy Law in Ashland, Mississippi

Ashland is a town in Benton County, Mississippi, United States. The population was 577 at the 2000 census. It is the county seat of Benton County. Ashland was incorporated on March 8, 1871 and has a Mayor-Alderman form of government. Mitch Carroll is the 28th Mayor of the Town of Ashland, and Sandra Gresham, Fort Knighton, Bobby Miller, Billy Taylor and Shannon Wilburn make up the present Board of Aldermen. William H. "Bill" Stone was elected to Mississippi State Senate in November 2007 and a special election was held in the town of Ashland to fill mayoral vacancy. Mitch Carroll defeated brother Mike Carroll by 17 votes to secure the position. Ashland is the home of the Farese Law Firm, a regional firm renowned for its criminal and civil work. The firm has most recently been involved in the high profile Mary Winkler case from Selmer, Tennessee. Ashland is also home of Bill Renick, a 2007 candidate for Governor of Mississippi. Willie Mitchell, the legendary Memphis musician, owner of Hi Records, and producer of Al Green, is also from here.

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 Mississippi

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...