For the Illinois village previously known as Rantoul see Alma, Illinois Rantoul is a village in Champaign County, Illinois, United States. The population was 12,918 at the 2000 census; however, by 2007 it had shrunk to 12,402. The present mayor is Neal Williams, who was re-elected in 2009. The community was named after Robert Rantoul, director of the Illinois Central Railroad. In 1917, Rantoul was chosen to be the site of the Chanute Field due to its proximity to the Illinois Central railroad and the War Department’s ground school housed at the University of Illinois. In the 1930s, Chanute grew, dominating the local economy as thousands of Airmen were stationed there to train new recruits who cycled in and out. Renamed Chanute Air Force Base after World War II, the base was closed in 1993, and partly reoccupied by the Octave Chanute Aerospace Museum and the Rantoul National Aviation Center. The major employers in Rantoul are C.I. Telecom, JELD-WEN, Bell Sports, Bell Racing, Combe Laboratories, Eagle Wings Ind. , Conair Corporation, Microfilm Service, AT&T, and Pactuco.

What is personal bankruptcy law?

Personal Bankruptcy involves the legal process that an insolvent individual takes to insure fairness and equality upon creditors and to help the debtor start anew with the property he or she is allowed to keep without being hampered by liabilities he or she might have accrued. Personal Bankruptcy attorneys advise on debt relief options and guide individuals through each phase of a federal bankruptcy filing -- including Chapter 7 bankruptcy debt discharge plans and Chapter 13 bankruptcy debt repayment plans. Bankruptcy attorneys may also represent creditors seeking to have their rights enforced in connection with a bankruptcy reorganization of a debtor.

Business Bankruptcy attorneys also advise on debt relief options and guide individuals through each phase of a federal bankruptcy filing.

Answers to personal bankruptcy law issues in Illinois

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 12 of the Bankruptcy Code provides for adjustment of debts of a "family farmer," or a "family fisherman" as...

The chapter of the Bankruptcy Code providing for adjustment of debts of an individual with regular income. (Chapter...

The Servicemembers' Civil Relief Act applies in bankruptcy cases. It provides protection to members of the military...

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...

This varies from state to state and lender to lender, but most lenders don't start foreclosure proceedings until you...