Stafford is a city in the U.S. state of Texas within the Houston–Sugar Land–Baytown Metropolitan Area. Stafford is mostly in Fort Bend County with a small portion in Harris County. As of the 2000 U.S. Census, the city population was 15,681. The city has the only municipal school district in all of Texas. Stafford is served by the Houston Community College System and has a campus within the city. Stafford does not have a municipal property tax as of 1995 and the sales tax is 0.5% less than all of the surrounding cities. Even though it is known as a bedroom community of the greater Houston area, it is estimated that four times as many people work in Stafford on a week day, which is evidence of the large amount of commercial activity that helps the city financially. Many corporations both large and small including United Parcel Service, Texas Instruments, and Tyco all maintain significant operations in Stafford. As of 2008 the Mayor of Stafford is Leonard Scarcella, who was first elected in 1969 and has been a lifelong resident of the city.

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...