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June 10, 2020 Scura Law Firm Chapter 13, Debt Management, Chapter 11, Business Bankruptcy

Stripping of IRS or State of New Jersey Tax Debt in Bankruptcy

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...

September 8, 2019 Guillermo J. Gonzalez Bankruptcy, Business Bankruptcy

Extending the Automatic Stay to Co-Debtors

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...

April 8, 2019 David L. Stevens Business Bankruptcy

Shutting the Doors of a Failing NJ Business and Walking Away

 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...

July 25, 2018 Scura Law Firm Chapter 11, Business Bankruptcy

Navigating a Chapter 11 Bankruptcy in New Jersey

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...

June 28, 2017 David L. Stevens Business Bankruptcy

When a Reorganized Debtor is Unable to Fulfill its Chapter 11 Plan Commitments

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...

June 22, 2017 David E. Sklar Business Bankruptcy

Business Bankruptcy: Attempt a Reorganization or Liquidate?

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...

January 29, 2016 Scura Law Firm Debt Management, Business Bankruptcy

Helping New Jersey Businesses Address Business Debt with Chapter 11 Bankruptcy

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...

January 18, 2016 David L. Stevens Business Bankruptcy

Security Interest in Post-Petition Property of Business Bankruptcy Estate

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...

June 12, 2014 David E. Sklar Bankruptcy, Business Bankruptcy

ABC: Preference Litigation vs. Bankruptcy Preference Litigation

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...

October 4, 2011 David L. Stevens Business Bankruptcy

What is the Value of a Small Business in Bankruptcy?

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...

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