Chesapeake is an independent city located in the South Hampton Roads portion of the Hampton Roads metropolitan area of Virginia in the United States. One of the Seven Cities of Hampton Roads, Chesapeake was formed in 1963 by a political consolidation of the City of South Norfolk with the former Norfolk County, which dated to 1691. Chesapeake is the second-largest city by land area in the Commonwealth of Virginia. Chesapeake is a diverse city with few urban areas as well as many square miles of protected farmland, forests, and wetlands, including a substantial portion of the Great Dismal Swamp. Extending all the way from the rural border with North Carolina to the harbor area of Hampton Roads adjacent to the cities of Norfolk and Portsmouth, Chesapeake is located on the Atlantic Intracoastal Waterway and has miles of waterfront industrial, commercial and residential property. It is currently the third largest city in Virginia in terms of population. In 2006, its population was estimated to be 220,560, a 10.7% increase since its 2000 census count . Its median household income in 2007 was $63,016, the highest in South Hampton Roads .

Business Bankruptcy Law Lawyers In Chesapeake Virginia

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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 Virginia

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...