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Bankruptcy Options for Your Small Business

When you decide to go into business for yourself, there's almost always a period of struggle. If your small business is facing financial difficulties, the first thing you need to ask yourself is whether you can realistically make the business a success. Are your problems short-term? Do you just need to get "over the hump" to make the business … [Read more...]

Using a Bankruptcy Filing to Manage Medical Bills

A recent survey by CNBC found that, over the last decade, more people cited unanticipated medical bills than any other cause as the event that triggered a personal bankruptcy filing. It's estimated that a million or more people file for bankruptcy protection in any given year to try to get medical obligations under control. But it that the right … [Read more...]

Knowing When It’s Time to Consider Bankruptcy

In our years in practice, we've helped many people get a fresh start with personal or business bankruptcy filings. We've also had many people come to us after waiting far too long, limiting our ability to minimize the consequences of a bankruptcy filing. We know there can a lot of reasons to put off the decision to file: You may be overly … [Read more...]

Docketing a Foreign Judgment in New Jersey

If you are owed money by an individual or business outside of the state of New Jersey, and you successfully obtained a judgment against the debtor in another jurisdiction, that judgment is entitled to "full faith and credit" in New Jersey, but you must take specific steps to "docket" the judgment in New Jersey. If you properly docket the judgment, … [Read more...]

Collecting on a Judgment in New Jersey

When you have money owed to you, it's often not that difficult to obtain a judgment in a court of law. Many times, in fact, the person or company that owes you money won't even respond to your lawsuit and the court will enter a default judgment. Unfortunately, that's almost always the easiest part. Recovering the funds can prove far more … [Read more...]

Howard Named Awesome Attorney In Bankruptcy and Creditor-Debtor Rights Law

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Seasons Greetings and Happy New Year!

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What is an Evergreen Lease?

If you are considering leasing equipment for your business—maybe you've even had discussions with an equipment leasing company or have a proposed contract on your desk—you want to look closely at the language of the lease. It's a fairly common practice to include an "evergreen clause" in an equipment lease. Essentially, the evergreen clause … [Read more...]

The Notice Requirements under the Commercial Bulk Sales Act in New Jersey Real Estate Transactions

Under New Jersey law, as revised in 2007, real estate transactions are included in among the exchanges covered by the state's Commercial Bulk Sales Act. The statute covers the sale of rental property, real estate used in a trade or business, real estate owned by a business entity, deeds in lieu of foreclosure for income producing properties, … [Read more...]

Happy Thanksgiving

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