Notrees is an unincorporated community in west central Ector County, Texas, United States. It is located on State Highway 302, approximately twenty miles northwest of Odessa. The community is part of the Odessa Metropolitan Statistical Area. The area began to develop in the 1940s following the discovery of large oil fields including the TXL Field. Notrees was known at various times as Caprock and Strawberry. Local merchant Charles E. Brown petitioned for a post office and selected the descriptive name of Notrees. Reportedly, the community had a single native tree before it was destroyed during the construction of a Shell Oil Company "gas plant". Notrees thrived during the 1950s and 1960s. In 1966, the population was 338 and the area was supported by several oil company camps and a few businesses. The community began to decline by the 1980s as a result of oil companies abandoning the camps that once provided housing for employees and their families because of an improved infrastructure that enabled workers to live elsewhere (e.g. , Odessa) and commute to Notrees. The community's small population currently supports four businesses and a post office.

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. 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...