Many business owners find themselves in a situation where they are saddled with debt and can see no way out. These businesses may even own real property facing foreclosure. An insolvency proceeding...
November 18, 2016
Bankruptcy,
Chapter 11
Bankruptcy is like being in a lobster trap. They are both easy to get into, difficult to move around in once inside, and difficult to get out of. This concept is particularly true when it concerns a...
July 15, 2016
Bankruptcy,
Chapter 13,
Chapter 7,
Chapter 11
Bankruptcy Fact and Fiction
Some people shy away from bankruptcy or wait too long to file because of misinformation. Sadly, they needlessly suffer through hardships or forfeit hard-earned assets. At...
January 15, 2016
Bankruptcy,
Chapter 11
Many individuals believe that Chapter 11 bankruptcy is only for businesses and big corporations. This simply is not true. If you meet certain debt requirements, Chapter 11 may be the best option for...
September 9, 2015
Bankruptcy,
Chapter 11
Running a business, whether big or small, is often a dream for many New Jersey residents. When that dream comes true, business owners may face some challenges. While small financial difficulties are...
September 1, 2015
Chapter 13,
Chapter 7,
Chapter 11
July 1, 2015
Bankruptcy,
Chapter 7,
Chapter 11
Recent financial struggles facing the Texas Rangers baseball team have brought attention to the issue of involuntary bankruptcy proceedings. Creditors holding roughly $525 million in debt accrued by...
May 1, 2015
Bankruptcy,
Chapter 11
"Structured Dismissals" in the Chapter 11 process are becoming an acceptable alternative to confirmation of a Chapter 11 plan.
Take the case of a business owner trying to "save the company" in this...
May 12, 2014
Bankruptcy,
Chapter 11,
Business Law
New Jersey Chapter 11 Bankruptcy vs. Assignment for the Benefit of Creditors
November 5, 2012
Bankruptcy,
Chapter 11
How a Bankruptcy Attorney Can Help Protect Your Retirement
A qualified bankruptcy attorney can help protect your retirement assets including your pension and other retirement investments, but what...