Lake City is a town in Anderson and Campbell counties in the eastern part of the U.S. state of Tennessee, northwest of Knoxville. The population was 1,888 at the 2000 census. Most of the community is in Anderson County, which is included in the Knoxville Metropolitan Statistical Area. The town was originally known as Coal Creek, which is still the name of the stream that runs through the town. Coal Creek and the nearby town of Briceville were the site of a major lockout of coal miners in 1891, which resulted in the town of Coal Creek being occupied by the state militia for over a year after miners attempted to force an end to the use of unpaid convict labor in the mines. This labor struggle, known as the Coal Creek War, was eventually resolved in the coal miners' favor with the abolition of Tennessee's convict labor program. The Fraterville Mine disaster of 1902 occurred nearby, in the village of Fraterville. Norris Dam is nearby. The town's current name was adopted in 1936 after the completion of Norris Dam formed an artificial lake above the dam.

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 Tennessee

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...