Ballentine is an unincorporated community in Richland County, South Carolina, United States. It is part of the Columbia, South Carolina Metropolitan Statistical Area. The town was recently in the planning stages of being incorporated. Ballentine would be the seventh incorporated community in Richland County if it were to be incorporated. It would be the first created in the area since Arcadia Lakes was formed in 1959, according to the Municipal Association of South Carolina. The town would have had a population of about 2,500 people, however, the recent vote for incorporation was not successful.. The town's desire to incorporate was partially driven by the encroachment of nearby Irmo, South Carolina. Ballentine is located on Lake Murray, a large reservoir formed in the 1930s by the Dreher Shoals Dam, which at the time was the largest earthen dam in the world. Ballentine refers to itself on the signs leading into town as "The Gateway To Lake Murray". The community experienced much growth during the late twentieth century, sparked by the combination of its lakefront location and its proximity to the city of Columbia. In the twenty-first century, Ballentine has been transformed by the addition of two large, new, middle-class subdivisions and by some new commercial development as well as a new elementary school. It is now an affluent suburb of Columbia although it maintains something of a rural feel in many areas.

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 South 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...