by Jay Silverberg | Jan 12, 2021 | Bankruptcy, Blog
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...
by Jay Silverberg | Jan 5, 2021 | Bankruptcy, Blog
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...