Learn More About Business Bankruptcy Law in Lake Grove, New York

Lake Grove is a village in Suffolk County, New York, United States. The population was 10,250 at the 2000 census. The Village of Lake Grove is located in the Town of Brookhaven. Lake Grove is well known as a popular commercial area in Suffolk county, including stores and attractions such as the Smith Haven Mall, Trader Joe's, Ben's, Zan's, and other large chain stores including Steve and Barry's. Additional stores and attractions are located nearby in Nesconset, Stony Brook and South Setauket, including Costco, Borders Bookstore, an AMC Lowes movie theater, Target, Best Buy, and Home Depot. The village features a number of different styles and prices of housing, including many well-maintained developments such as Crestwood Forest, Lake Grove Estates, Country Pointe, The Pines, Brittany Hills, and Country Woods. The village also has a number of parks, recreational facilities, and a nature preserve for residents to enjoy. Some areas within the Lake Grove zip code, such as the Hathaway Oaks development and parts of the Brittany Hills development, are actually located in the unincorporated hamlets of Lake Ronkonkoma and Nesconset, within the towns of Brookhaven and Smithtown respectively.

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 York

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...