Learn More About Business Bankruptcy Law in Meyersdale, Pennsylvania

Meyersdale is a borough in Somerset County, Pennsylvania, on the Casselman River, 73 miles (111 km) southeast of Pittsburgh. In the past, its chief industry was the mining of coal. Meyersdale was first settled as early as 1776, but the growth of the town dates from the advent of the first railroad in 1871. Coal mining began in the next year. In 1900, 3,024 people resided here, and in 1910, 3,741 people resided here. The population was 2,473 at the 2000 census. It is part of the Johnstown, Pennsylvania Metropolitan Statistical Area. Meyersdale is widely known as a sports town. The small community has little to bond over since the slow decline of the coal industry, other than sports. The Meyersdale “Red Raiders” have appeared on the state radar in numerous sports: Girls Volleyball, Football, Girls Basketball, Wrestling, Baseball and Track & Field. The first state champions from Meyersdale Area High School were two brothers; David and Michael Warnick. David (class of 1988) won two individual PIAA state titles in 1987 and 1988. Michael (class of 1989) won the 1989 PIAA state title held in Hershey, PA..

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...