Dallas, with a population of 1.2 million is the third-largest city in Texas and the eighth-largest in the United States. The city is the primary economic center of the 12-county Dallas–Fort Worth–Arlington metropolitan area that according to the March 2009 U.S. Census Bureau release, had a population of 6.3 million as of July 2008. The metropolitan area is the fourth-largest metropolitan area in the United States. Founded in 1841 and formally incorporated as a city in February, 1856, the city's economy is primarily based on banking, commerce, telecommunications, computer technology, energy, and transportation; only New York City and Houston are home to more Fortune 500 headquarters in the city limits. Located in North Texas and a major city in the American South/Southwest, Dallas is the core of the largest inland metropolitan area in the United States that lacks any navigable link to the sea. The city's prominence despite this comes from its historical importance as a center for the oil and cotton industries, its position along numerous railroad lines, a strong industrial and financial sector, and its status as a major inland port (due largely to the presence of Dallas/Fort Worth International Airport, one of the largest and busiest in the world). It was rated as a beta world city by the Globalization and World Cities Study Group & Network.

Business Bankruptcy Law Lawyers In Dallas 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...