Chapter 11

Children with severe disabilities who did not fit into the public school system were able to turn to Somerset Hills to learn and be treated. The New Jersey center consisted of a school for disabled children and a center for treating related illnesses. The center has...

When crazes happen, smart business owners jump on board and capitalize on the new fad. As the fad slowly begins to fade or the industry changes, the companies that were part of the fad may begin to feel the effects and lose money in their business. New Jersey...

Many people associate filing for Chapter 11 bankruptcy protection with negative connotations; however, it can be a great way for a company to survive the recession. Due to the economy and a lack of discretionary income, many New Jersey businesses may have taken a hit...

Many people do not have as much discretionary income to spend as they did previously, which can have a large impact on businesses. Without as many sales as usual, some companies are struggling to stay afloat, and many are closing their doors from falling into mounting...

Many Americans do not have the funds that they once did years ago due to the economic recession. This has affected the buying power many people have, which may not allow them to spend as much on extracurricular activities or donating to causes like they may have done...

Many businesses have suffered the effect of the recession and have been forced to make some changes to stay afloat. Even after an enormous amount of effort, a company in New Jersey and across the United States still may not be able to make enough money through cutting...

Event Rentals Inc., a company that provides tables, tents and napkins to events of all sizes, recently submitted a filing for bankruptcy. The Chapter 11 filing was submitted on a recent Thursday. So far, the company has not found a suitable buyer to keep its...

Some readers n New Jersey may be familiar with the name of state Assemblyman Robert Schroeder. He is at the center of a personal bankruptcy cases here in our state. The Chapter 7 case was an involuntary bankruptcy filed by several of the assemblyman's...

Readers in New Jersey may be interested to learn about the troubles of a natural gas company that supplies consumers across the nation. The company recently filed for a Chapter 11 bankruptcy in their home state. This came after the business was unable to find funding...

Many people in New Jersey know that when a business goes bad, it can make personal finances difficult. This can led to some having to file for both a personal and business bankruptcy. This is what happened to one couple recently in another state who sought a Chapter...