For the past few weeks people in New Jersey and across the U.S. have watched stunning performances by some of the best athletes in the world. The Olympic Games have offered a chance for many young people to gain fame, and to win one of the most coveted sporting events...
Month: August 2012
New Jersey businesses: Commercial bankruptcy a positive option
Readers in New Jersey may be familiar with Linwood Furniture, a company that makes furniture for the hospitality industry. The company filed commercial bankruptcy under Chapter 11 in March 2012. Now the court administrator in charge of the case has asked to have the...
Canseco files Chapter 7, like some in New Jersey
Jose Canseco played on 8 different Major League Baseball teams during his 16-year career in the game. In fact, he was the Rookie of the Year for the American League in 1986 and the league MVP in 1988. His outstanding career included 462 home runs, and two World Series...
Personal bankruptcy may soon relieve consumers of student debt
A recent report was released by the Consumer Financial Protection Bureau suggesting that Congress should consider changing the rules concerning the discharge of private student loan debt during bankruptcy proceedings. The current policy, based in a 2005 law, prevents...