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Liens can be a complicated problem for many individuals dealing with heavy debt issues. A lien is a claim or legal right against assets, most often property or real estate, which are utilized as...

The most beneficial protection provided to individuals and corporate entities filing during bankruptcy proceedings is the “automatic stay”. The automatic stay is immediately invoked upon the filing...

 Every day new companies open their doors, employ a workforce, and provide valuable services and products to help sustain our economy.  Clearly, not all businesses are successful, particularly small...

Dealing with any type of financial challenges could be overwhelming, emotional and in some cases, embarrassing. With regards to business debt, our firm understands that business owners in New Jersey...

For a business to bring itself through a bankruptcy and end up as a reorganized debtor with a confirmed plan of reorganization is a great achievement. Confirmation can only be accomplished with...

If you own a business and are facing financial difficulty, you may be considering a chapter 11 bankruptcy thinking that it can fix your business’s financial woes.  However, many people underestimate...

When a business is faced with financial challenges, it might also find it challenging to stay in operation. No matter the size of the company, when business debt becomes too much to handle, it might...

When a business petitions for bankruptcy, the business often requires the use of property that is subject to a creditor's lien. For example, a business that has accounts receivable may need the...

While the process for an assignment for the benefit of creditors (commonly referred to as "ABC") and a business bankruptcy are similar, corporate bankruptcy lawyers are quick to point out that there...

The Impact of Filing Bankruptcy on a Business

The self-employed are always concerned about the impact the filing for bankruptcy may have on their business. To answer the question, it first has to be...