Buying a new home is often regarded as an exciting time. Whether it is the homeowner's first home or not, purchasing a home is a major event. Moreover, it is a major financial responsibility that needs to be factored in whenever the homeowner makes any financial decisions. However, when an individual is dealing with financial troubles, those troubles could impact the homeowner's ability to make timely mortgage payments, which could unfortunately lead to foreclosure.
Expanding a business requires more than just a business plan. There must be additional capital, cash resources or another source of funds that will help leverage the process. When this is not available, it might mean putting this expansion on hold; however, if such a business venture is unavailable due to financial problems, a business might need to restructure its finances or even consider debt relief options.
Large trucks have a considerable presence on roadways in New Jersey and other states across the nation. While these large vehicles provide an effective way to transport goods across a city, state or nation, semi-trucks and tractor-trailer trucks pose many risks on the roadways. Because of that, truck safety is a constant issue, and while federal trucking regulations are passed to address these concerns, this does not always reduce the number of truck accidents occurring across the nation.
Every day, consumers in New Jersey go to stores, purchasing items they need or want. In this process, consumers do not often put much thought into the possible dangers that a product could pose to them, especially when the product itself has no inherent risks. If a manufacturing or processing error occurs, edible goods could become contaminated, resulting in serious and even fatal risks to consumers.
Electricity is used to power an endless list of things, and because of that, residents in New Jersey and elsewhere will often encounter electrically powered consumer products. While these products are designed with the safety of consumers in mind, malfunctions and defects can occur. This could lead to the electrocution of consumers, resulting in severe and even fatal injuries.
The Superior Court of New Jersey recently decided that defendant-YMCA was not allowed to invoke the charitable immunity exemption to avoid lawsuit. Charitable immunity is an affirmative defense that a defendant can raise in response to a lawsuit, when answering the complaint.
Consumers in New Jersey and elsewhere often buy goods on a daily basis. This action is almost routine and done without the fear that the goods being purchased could cause serious or even fatal injuries when used or consumed. Despite this, errors occur in the design and manufacturing of goods, thus resulting in serious hazards for consumers. Because of this, product recalls are issued; however, this does not prevent all consumer injuries from occurring.
Receiving timely and affordable medical care is important for New Jersey residents; however, obtaining medical care that is affordable is not always the case when a diagnosis, treatment and surgery are required and a patient does not have insurance coverage. Hospital bills can accumulate and add up to a large outstanding debt. For some residents in New Jersey, medical debt can be a huge burden, causing some to consider debt relief options to escape his or her financial challenges.
Wells Fargo has initiated a policy of freezing a debtor's bank account upon the filing of a chapter 7 bankruptcy and thereafter sending notice to the trustee asking for direction on what to do with the held funds. Some courts have found that this is an improper interference with a debtor's exempt assets, but other courts have held that the policy is consistent with Bankruptcy Code requirements.
When a company or a small business in New Jersey is no longer productive, is not producing a constant cash flow or are enduring financial problems, it might be a good idea to think of various strategies to address these issues. If business debt is the problem, filing for business bankruptcy is just one debt relief option to consider. Companies and business may also want to contemplate debt reorganization and other methods in order to keep the business running, allowing it to thrive well into the future.
