Many of our readers in New Jersey may have spent at least a part of their week running to the grocery store to snap up the remaining inventory of Hostess snacks such as Twinkies and Ho-Hos. Stores here and across the nation have reported an increase in snack sales...
Month: November 2012
New Jersey commercial bankruptcy includes repayments to creditors
A large church with a successful television show that may be familiar to many in New Jersey is embroiled in a lawsuit that has slowed the progress of the church's bankruptcy. The Crystal Cathedral, which once was the filming location for the 'Hour of Power' television...
New Jersey Chapter 7 cases: Trustee can sell assets
Many people seeking the protections offered by a bankruptcy in New Jersey hope to keep as many of their assets as they can during the process. For many who file for Chapter 7 liquidation, the exemptions permitted under our laws may be able to allow them to keep some...
New Jersey Chapter 13 bankruptcy filers seek to protect assets
Filing for a personal bankruptcy can lead many in New Jersey to have various questions. Among the most important to some in our state is what property can be retained and what income must be disclosed to the bankruptcy court. In a Chapter 13 bankruptcy filing, the...
Businessman files for Chapter 11 bankruptcy after lawsuit
A businessman has filed for a personal Chapter 11 bankruptcy after losing money during the recent economic downturn, a situation familiar to many in New Jersey. The businessman is the president of a company that controls interest in apartment buildings across the...