Are There Ways to Avoid Losing Your Refund to Pay Creditors? You're facing dire financial circumstances—maybe you've lost your job or you've been sick or injured. You've pretty much decided that the best way forward is through a Chapter 7 … [Read more...]
Can You Enforce an Oral Business Contract?
Are There Agreements that May Only Be Enforced in New Jersey if in Writing? If you are like most small business owners, much of your day is spent on the phone or in meetings. In those conversations, you'll often come to agreement on terms of a … [Read more...]
Avoiding Preferential Treatments in Bankruptcy
The Consequences of Selectively Paying Creditors Immediately before Filing When you're initially facing financial challenges, it's common to turn to friends and family for assistance. When it becomes clear that your problems cannot be resolved … [Read more...]
What Is a Chapter 7 Bankruptcy?
What Are the Limitations? What Will Chapter 7 Do for You? You have bills you can't pay. You may not be working as a result of the pandemic. You may have suffered an unexpected illness or injury. That's what the bankruptcy laws are there for—to help … [Read more...]
Indications That You May Need a Fresh Start in Bankruptcy
Signs to Look for to Determine If You Need Bankruptcy Protection If you're struggling to meet your financial obligations, there may or may not be any comfort in knowing that you're not alone. Every year, more than 1.5 million Americans use the … [Read more...]
Unfair Competition in Business
Prohibited Activities under State and Federal Laws While the American free enterprise system promotes competition for the benefit of consumers, there is still are requirement that the forms of competition engaged in follow some basic rules. When … [Read more...]
Why You Don’t Want to Run Your Business as a Sole Proprietorship
The Benefits of a Corporation or Limited Liability Company (LLC) In the state of New Jersey, you can open for business as a sole proprietorship without filing any documents with the state government. You may want to choose a separate name under … [Read more...]
Tortious Interference with a Business Contract
Your Rights When a Competitor Wrongfully Interferes with Your Business Agreement Suppose that you work really hard to get a contract with a new customer. That customer has other agreements for different products with another vendor. That other … [Read more...]
Common Mistakes Made by Small Businesses
Simple Strategies that Can Improve Your Chances of Success Successfully building a small business from scratch can be a daunting prospect. According to federal government statistics, about one in five new small businesses fail within 12 months and … [Read more...]
How Does the Uniform Commercial Code Apply to the Law of Contracts?
When Does the UCC Apply? | What Types of Issues Does the UCC Regulate? As long as humans have engaged in commerce, contracts have existed, in some form or other. For centuries, the rules governing contracts were handed down by judges, compiled in … [Read more...]
