Learn More About Business Bankruptcy Law in Wood River Junction, Rhode Island

Wood River Junction, Rhode Island is a small village located in the town of Richmond. It is home to the Chariho school district's main campus, and is otherwise largely turf farms. The village is the site of the former Wood River Branch Railroad Station. The Wood River Branch of the New York, New Haven and Hartford Railroad was chartered in 1872 and completed in 1874. On April 19, 1873 a train disaster was caused by a bridge washout and burning of passenger cars.. The Branch was built to provide service from the Hope Valley to the main line of the New York, Providence and Boston Railroad and was only six miles long. The New Haven Railroad took over operation of the Branch in 1892 and the railroad was abandoned on August 8, 1947. Wood River Junction is commonly considered by locals to be one of the coldest locations in the state of Rhode Island, due to its low lying and flat geography. It is the home of Meadowbrook Pond, also known as Wood River Pond, a popular fishing and swimming area. It is surrounded by two rivers: The Wood River and Pawcatuck River. Image:http://www. richmondri. com/vertical/sites/%7BA34A5CF7-B764-4DA4-B948-6A9B0BEB5604%7D/uploads/%7B826B619E-14B5-468A-BE27-09509F2C0105%7D_Web. jpg

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 Rhode Island

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...