The tough economy that has plagued recent years has led many in New Jersey to decide that bankruptcy is the best choice to recover financially. One of the most preferred forms of filing is Chapter 13. As consumers consider filing for bankruptcy, some hesitate due to...
Month: September 2012
Chapter 7 bankruptcy offers fresh financial start for coach
People in New Jersey from all different walks of life know that sometimes a financial situation can degrade to the point that seeking bankruptcy protection is one of the few good choices left for an individual. This was the case recently for one coach of a major...
Commercial bankruptcy of airline may affect pilots in New Jersey
Readers in New Jersey may be aware that one of our nation's largest airlines took a step closer to being able to exit bankruptcy recently. American Airlines' parent company AMR Corp. filed for commercial bankruptcy protection, Chapter 11, last November. At that time,...
Bankruptcy court turns down Hawker Beechcraft bonus plan
Many in New Jersey may be aware that when a company experiences a financial difficulty, employees can become concerned about the long-term effects on their employment and benefits. When the fiscal problems reach a point where the company faces a commercial bankruptcy,...