As many in New Jersey know, the faltering American economy has altered the lives of countless consumers, as people struggle to manage their debt load and readjust their spending. The economic downturn also affects businesses, causing them to make similar adjustments....
Month: June 2012
Former Mob Experience executive seeks Chapter 7 bankruptcy
New Jersey readers may be interested to learn about a former executive of an entertainment venture called the Mob Experience and his experience with personal bankruptcy. In his Chapter 7 filing, the man detailed many more liabilities than his assets could cover. In...
Personal bankruptcy filing could be a non-issue in election
As many in New Jersey have learned during the most recent recession, filing for bankruptcy is not an easy choice, but it is often the only choice for some who are struggling with debt. In these difficult economic times, especially, many found themselves victims of the...
Nuclear waste safety an issue in Chapter 7 bankruptcy
As many New Jersey business owners know, running a business is no small task, especially in a struggling economy. Owning a business is not cheap, and sometimes the expenses simply become too much. This seems to be exactly what happened with a nuclear waste storage...