Poughkeepsie is a city in the state of New York, the United States, which serves as the county seat of Dutchess County. Poughkeepsie is located in the Hudson River Valley midway between New York City and Albany. The name derives from a Native American word (roughly U-puku-ipi-sing), meaning "the reed covered lodge by the little-water place," referring to a spring or stream feeding into the Hudson River, south of the present downtown area. Poughkeepsie is known as "The Queen City of the Hudson. " During the late 1980s through the late 1990s, Poughkeepsie suffered from severe socioeconomic turmoil, serving as a symbol for urban decay in the Hudson Valley. Recent efforts at waterfront and Main Street revitalization poise Poughkeepsie for a potential upswing. Poughkeepsie is the largest principal city of the Poughkeepsie–Newburgh–Middletown, NY Metropolitan Statistical Area (MSA), which includes all of Dutchess and Orange counties. The two-county MSA had a population of 621,517 at the 2000 census. A July 1, 2007 estimate placed the population at 669,915. Poughkeepsie-Newburgh-Middletown is also a component of the larger New York–Newark–Bridgeport, NY–NJ–CT–PA Combined Statistical Area.

Business Bankruptcy Law Lawyers In Poughkeepsie New York

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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 New York

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...