Learn More About Business Bankruptcy Law in Lancaster, South Carolina

Lancaster (lān-kŭs'tər) is a city in Lancaster County, South Carolina which is in the United States and is located 32 miles south of Charlotte North Carolina . As of the United States Census, 2007 census, the city population was 9,715. It is the county seat of Lancaster County. The city was named after the famous House of Lancaster . Lancaster County is number 147 in US micropolitan areas; with a 2008 population estimate of 73,393 in the micropolitan area. It is the boyhood home of the 7th president of the United States, Andrew Jackson. Locally, the city is pronounced as "lane-cuh-stur," with emphasis placed on the first syllable, and the middle syllable being very short. In August 2008, the city was victim of two arson attacks on county buildings. The nearly 200-year-old county courthouse designed by South Carolina architect Robert Mills was heavily damaged in a fire, followed by a similar fire at the county district attorney's office three days later. On September 18, 2008, Martavious Carter, age 17, was arrested for multiple burglaries and also charged with the arson in these two cases. The courthouse holds the distinction of being the site of the last witch trials to take place in the United States.

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

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...