Kenna is a small unincorporated village in Roosevelt County, New Mexico, United States. It is located on U.S. Route 70, 30 miles southwest of Portales. The settlement was originally known as Urton, probably named for two brothers who came to the region from the state of Missouri in 1884. A contractor by the name of Kenna camped in Urton during the construction of a roadbed for the Atchison, Topeka and Santa Fe Railway. Kenna's camp served as a stopping place for stagecoachs to exchange mail as well as passengers. In 1899, when the railroad was completed, the name Kenna remained for the camp. Established first as Urton in 1902 by the opening of a post office, the name was changed back to Kenna in 1906. E. D. Kenna, the vice president of the railroad, may have contributed to the final choice of a name. Kenna was one of the largest cattle shipping points in the state by 1909. At the peak of its development, the town could boast a bank, two hotels, several stores, a post office, as well as several saloons. By 1912, many homesteaders relinquished their claims due to the drought, and Kenna dropped both in size and importance.

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 New Mexico

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...