Learn More About Business Bankruptcy Law in Bellefonte, Pennsylvania

Bellefonte is a borough in Centre County, Pennsylvania, United States. It lies about twelve miles northeast of State College and is part of the State College, Pennsylvania Metropolitan Statistical Area. The population in 2007 is approximately 7,000 . It is the county seat of Centre County with the courthouse located downtown on the square. The town features many examples of Victorian architecture, as well as a natural spring, from which the town gets its name (bestowed by Charles Maurice de Talleyrand-Périgord during a land-speculation visit to central Pennsylvania in the 1790s). However the spring, which serves as the town's water supply, has been covered to comply with DEP water purity laws (not, as is commonly believed, for fear of its being poisoned). One of the town's historic sections experienced a renaissance in 2004. The Match Factory, after standing vacant since 1996, was being renovated by the American Philatelic Society as their new home, one building at a time. The site was placed on the National Register of Historic Places in 2001 and the town was anxious to find an appropriate owner for the historic property. The town is also home to five of Pennsylvania's governors. There is a monument in Talleyrand showing them.

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 Pennsylvania

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. § 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...