Firm Logo

Blog

  • Questions to Ask an Equipment Leasing Company

    Apr 1, 2017

    Whether you own a small startup or you work for a large company, there can be significant advantages in leasing equipment rather than purchasing it. With leased equipment, it’s often easier to upgrade and stay current with new technologies, as your lease only lasts for a specific period of time and you don’t have to worry about disposing of the property. But there are some specific questions you want to ask before you enter into...
    Read More
  • Understanding a Fair Market Value Equipment Lease Buyout Option

    Mar 8, 2017

    So you’re looking to lease some equipment and, in your discussions with various leasing companies, the concept of “fair market value lease buyout” options comes up. What does this mean and what do you need to do to protect yourself and your business? The Fair Market Value Lease Equipment leasing companies often use the terms fair market value (FMV), operating and “true” lease interchangeably. What they are really talking about is what will happen when...
    Read More
  • The Requirements for a Valid and Enforceable Contract

    Mar 7, 2017

    Most of us enter into some type of contract almost every day…most are oral agreements based on performance. But there are specific requirements for any contract to be enforceable in a court of law. There Must Be a Bargain A valid contract requires at least two parties, though there may be more. The law requires that there be an offer and acceptance of that offer. An offer may be oral or it may be in...
    Read More
  • Why You Need a Real Estate Lawyer

    Feb 27, 2017

    If you are buying or selling real property, you can seek out the assistance of a real estate agent or try to get through the process using information obtained from the internet. So why would you want to hire an attorney to oversee the transaction? That can cost a lot of money, right? No – generally legal fees to handle a real estate settlement total less than $1,200.00 on a flat fee basis. Here are...
    Read More
  • What to Expect During a Bankruptcy Fraud Investigation

    Feb 12, 2017

    The federal bankruptcy courts take the process seriously—while bankruptcy is considered a right conferred by federal statute, the trustee has a number of tools to ferret out fraud and protect the system. Here’s what customarily happens when the trustee suspects fraud or misrepresentation. Step One: A Rule 2004 Examination Under Rule 2004 of the bankruptcy code, the trustee can require that a debtor, creditor or other person submit to questioning or produce documents related to...
    Read More
  • Types of Deeds: The Different Types of Real Property Deeds

    Jan 8, 2017

    When you are buying or selling real estate, one of the critical documents required to complete the transaction is a deed. The deed is a legal document that officially transfers title and ownership of real property. It is signed by both the buyer and seller and is typically recorded at the register of deeds office. There are, however, different types of deeds that are typically used in New Jersey to convey different rights of ownership:...
    Read More
  • Can a Bankruptcy Filing Help You Avoid Foreclosure?

    Dec 19, 2016

    Have you fallen behind in your mortgage payments? Have you received notice that your lender is seeking to foreclose, or are you worried that could happen any day? You may be considering filing for bankruptcy protection as a way of keeping your home. Here are some guidelines to help you make the right decision. A Bankruptcy Filing Will Only Temporarily Suspend a Foreclosure Proceeding The actual filing of either a Chapter 7 or Chapter 13...
    Read More
  • What is Civil Litigation?

    Nov 3, 2016

    Most people have heard the term “civil litigation,” and most have a sense that there’s a difference between the criminal justice system and other legal matters. But the term “civil suit” or “civil litigation” can still be confusing. This blog is designed to help clear up some of that confusion. The Parties In a civil lawsuit, the parties are typically private individuals, though the government may be a plaintiff or a defendant in a civil...
    Read More
  • The Statute of Limitations on Personal Injury in New Jersey

    Oct 28, 2016

    When you have suffered any type of loss because of someone else’s wrongdoing, you must take legal action to seek damages within a specific period of time. This rule, known as the “statute of limitations,” serves a number of important objectives. First, it minimizes the risk that witnesses will disappear, die or forget what they saw or heard. It also helps ensure that critical physical evidence isn’t lost or destroyed. In addition, the statute of...
    Read More