As bankruptcy trends shift across the nation, New Jersey has emerged as a hotspot for both individual and corporate filings. With new court rules now in effect, evolving case law, and major companies restructuring in our own backyard, it’s crucial to stay informed. Here’s everything you need to know about the latest bankruptcy developments in […]
Navigating Bankruptcy in New Jersey: What’s New in 2025 Read More »
Have you ever taken the time to notice how many small businesses close their doors while major corporations always manage to stay financially comfortable? Consider a specific scenario: when an individual was given a bank loan to start their business in New Jersey. An unexpected hurdle hindered them from paying off the remaining balance of
Can I Discharge a Loan I Used to Start a Business in New Jersey? Read More »
There are two basic choices available to a business if and when it decides to declare bankruptcy. Chapter 7 and 11 are when a business has hit a financial wall and can no longer stay operational. In filings of this type there is no exit process because the company will cease trading immediately, and investors
What Does it Mean When a Company Exits Bankruptcy? Read More »