Learn More About Business Bankruptcy Law in Haverford, Pennsylvania

Haverford is an unincorporated community located partially in Haverford Township in Delaware County, Pennsylvania, USA, but primarily in Lower Merion Township in Montgomery County, about 10 miles west of Philadelphia. It is on the Main Line, which is known historically for its wealth. As of 2004, the average home price in the Haverford ZIP Code 19041 was $795,736USD. ZIP Code 19041 borders the unincorporated portion of Haverford Township called "Havertown," as well as the unincorporated communities of Bryn Mawr, Gladwyne, Ardmore, Wynnewood, and a small portion of Broomall. Haverford's name is derived from the name of the town of Haverfordwest in Wales, UK. One translation of the word "Haverford" from the Welsh is "goat crossing. " Today, Haverford is most notable for being the site of Haverford College and one of the United States' oldest country clubs, the Merion Cricket Club. The town is connected to central Philadelphia by the SEPTA R5 commuter rail system and Norristown High Speed Line. It is in the Eastern Standard time zone. Its elevation is 318 feet.

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. 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...