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Is a Chapter 7 Bankruptcy Right for My New Jersey Business?
Whether a Chapter 7 bankruptcy filing is the optimal choice for a financially struggling New Jersey business depends on many factors, including: Whether the business is structured as a sole proprietorship or as a corporate entity or as a partnershipThe nature and...
New Jersey Small Business Bankruptcies: What is Subchapter 5?
Subchapter 5 bankruptcies are a relatively new type of bankruptcy proceeding created by the Small Business Reorganization Act (“SBRA”) — 11 U.S.C. §§ 1181, et seq. The SBRA was passed by Congress in late 2019 and became effective in mid-February 2020. Subchapter 5...
New Jersey Debtors: Are You Eligible for a Chapter 7 Full Discharge of Your Debts?
In general, for individuals living here in New Jersey and elsewhere across the country, there are two types of bankruptcies that can be filed: Chapter 7 and Chapter 13. Chapter 7 is for complete and full discharge -- elimination -- of qualified debts and Chapter 13 is...
New Jersey Businesses With Less Than $7.5 Million in Debt: Time is Running Out to File Bankruptcy Under Subchapter 5
If you own a New Jersey business with less than $7.5 million in qualified debt and you are considered filing for bankruptcy protection, time is running out to file under Subchapter 5. With the continuation of the COVID-19 pandemic, many small businesses are struggling...
New Jersey Business Law: “Second Draw” PPP Loans are Now Available
For New Jersey businesses struggling under the weight of the COVID-19 pandemic, Congress recently provided relief in the form of "second draw" loans under the Paycheck Protection Program ("PPP"). In March 2020, Congress passed the CARES Act which created the PPP to...
New Jersey Residential Real Estate: What is “Attorney Review”?
Buying or selling a home is a momentous event financially, legally, and emotionally. It is important to have deeply experienced and dedicated New Jersey real estate attorneys like those at Silverberg Law, LLC, to help protect your legal rights. The first step, of...
ATTORNEY ADVERTISING — Prior results do not guarantee any outcome. The information on this website is for general information purposes only. Nothing on this site should be taken as legal advice for any individual case or situation. This information is not intended to create, and receipt or viewing does not constitute an attorney-client relationship. We are a debt relief agency. We are attorneys who help people file for bankruptcy relief under the bankruptcy code.
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Central New Jersey (by appointment only)
1 Severn Way, Monroe Township, New Jersey 08831
(732) 992-3000