Allison is an unincorporated community in northeastern Wheeler County, Texas, United States, at the junction of Texas Farm roads 1046 and 277. Founded in 1929 as a stop for the Panhandle and Santa Fe Railway, the town was named for the general manager of the railroad, R. H. Allison. The Lone Star Townsite Company laid out the town. The town reached its height in population in 1941, just before the country entered World War II, at 200. It had a population of approximately 135 in 2000. During the 1970s Allison and the surrounding area benefited from the natural gas and oil development in the Panhandle-Hugoton field, the largest-volume gas field in the United States, and the world’s largest known source of helium. Between 1973 and 1993 the field produced over eight trillion cubic feet (230,000,000 m³) of gas. For years, the Allison Independent School District served the community's students. In 2003, however, the district merged with the neighboring Fort Elliott Consolidated Independent School District. The elevation for Allision is 2605 feet (794 m), and the town is located at 35°36′21″N 100°06′02″W / 35.60583°N 100.10056°W / 35.60583; -100.10056 (35.6058803, -100.1006736).

Business Bankruptcy Law Lawyers In Allison Texas

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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 Texas

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. § 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...