Midland is a town in in southern Cabarrus County in the U.S. state of North Carolina. Located in the south-central portion of the state, it lies in the region known as the Piedmont. The name of the town is derived from its location approximately one-half way between Charlotte and Oakboro on the railroad line. As the town was not yet incorporated at the time of the 2000 census, it was not listed then, but 2006 Census Bureau estimates give the town's population as 2,978. Visitors and new residents to the area are often surprised to learn the local pronunciation of the town's name. In local parlance, "Midland" is pronounced as a spondee, with nearly equal verbal emphasis on both first and last syllables. Other Midlands around the country, including those in Texas and Michigan, are generally pronounced with emphasis on the first syllable. While Midlanders may refer to "MID-lind," Texas, they themselves live in "MID-LAND," North Carolina. US Hwy 601 and NC 24/27 are the major highways. At this writing (January 2007) there is one traffic signal in the town at the intersection of Hwy. 601 and State Road 24/27, which is north of Midland proper and was once known locally as "Hell's Half Acre. " The U.S. Postal Service has maintained a post office in Midland for many years (Zip code 28107), and rural mail routes extend from Midland into portions of four counties.

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 North Carolina

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...