Yesterday was tax day, and many people in New Jersey and across the United States are certainly looking forward to receiving their tax refunds. While everyone probably has different plans for how to use it, some may be planning to use their tax refunds to pay for...
Law Office of Robert Braverman, LLC
New Jersey meat vendor faces commercial bankruptcy
Recent news reports have brought "pink slime" to the attention of New Jersey consumers. When negative reports surface about a company, it can hurt its financial stability. On April 2, AFA Foods, a ground beef processor that distributes to retailers and fast-food...
Bankruptcy includes protection from creditor harassment
New Jersey citizens should not have to deal with unfair or illegal debt collection practices from major banks and creditors. A bankruptcy judge recently handed down a verdict that essentially told Bank of America to be more mindful of those consumers who file a...
Arcapita Bank BSC files for Chapter 11 bankruptcy
Many people in New Jersey are aware that as the economy has declined in recent years, the bankruptcy-filing rate has increased. Businesses have by no means been immune to the economic troubles of the Great Recession and business bankruptcy filings are more common now...
Commercial bankruptcy a consideration for some churches
As the Great Recession has continued to affect people and businesses in New Jersey and elsewhere, foreclosures are increasing in not only personal residences, but also for commercial property as well. Just like many home mortgage holders who increased their loans...
Millions of Americans continue to struggle with medical debt
New Jersey Senator Bob Menendez has joined several other senators in sponsoring federal legislation aimed at getting medical debt off the shoulders of hard-working Americans. At issue is the fact that medical debt continues to plague as many as 72 million individuals...
Chapter 11 filed by New Jersey voice and data services provider
The recession that began in 2008 continues to claim business victims in Camden and throughout New Jersey. While some say there are signs of an economic recovery on the horizon, those companies that continue to struggle sometimes find it in their best interests to seek...
Bankruptcy an option as New Jersey foreclosures fail to slow
While the foreclosure picture nationally appears to be improving, New Jersey is not yet joining the party. Our state is lagging behind others, in part due to foreclosure proceedings grinding to a halt after New Jersey Chief Justice Stuart Rabner directed mortgage...
New Jersey hospital uses Chapter 11 to solve financial problems
The recession has impacted many business entities in New Jersey over the past few years, including those providing medical services. One area of concern up in Hudson County is what is perceived as a glut of hospital space that has left three hospitals seeking...
New Jersey business bankruptcy filings drop for second year
The Great Recession began in December of 2007, and its effect on business operations led to increased cash flow problems for commercial entities. In turn, that led many companies to file for bankruptcy protection to either weather the storm or cease operations in an...

