Asset Repossession: Leased and Financed Equipment
NJ Equipment Repo Attorneys for Leased & Financed Equipment
Our NJ equipment repo attorneys represents creditors in replevin actions to repossess equipment leased or financed by small businesses. This includes computers, photocopy machines and high speed scanners, printers, furniture, construction equipment, restaurant and bar equipment/furnishings, medical equipment, chiropractic equipment, dental equipment, landscaping equipment, gyms and fitness studios, machines and manufacturing equipment.
In New Jersey, replevin actions are typically filed an an emergent basis – also known as an order to show cause. A verified complaint – attested by the client’s signed affidavit – is required and must demonstrate the creditor’s security interest and the borrower’s default.
Our attorneys handle asset repossession cases throughout the entire State of New Jersey. Our coverage includes Northern NJ counties Bergen County, Essex County, Hudson County, Passaic County, and Union County, and central NJ counties Mercer County, Middlesex County, Morris County, and Somerset County.
Often borrowers will file bankruptcy in a last ditch effort to avoid an asset seizure. As experienced practitioners in the area of bankruptcy and insolvency law, our firm represents secured lenders in bankruptcy proceedings filed in the United States Bankruptcy Courts in Camden, Trenton and Newark. Our expertise in bankruptcy law enables us to effectively represent our clients in all phases of asset recovery and repossession.
Our NJ law firm also represents general judgment creditors in lien enforcement proceedings throughout the State of New Jersey. A docketed judgment in the Superior Court of New Jersey in Trenton gives the judgment creditor a statewide lien on the judgment debtor’s assets located in New Jersey. Often, a judgment debtor may possess a car or business equipment that is not subject to a secured creditor’s lien. In those circumstances the judgment creditor can attempt to seize the car or equipment through the assistance of the local county sheriff.
Need assistance in repossessing goods or chattel in New Jersey? Contact our NJ equipment repo attorneys today. One of our NJ equipment repo attorneys will respond to your inquiry within 24 – 48 hours. If your matter is urgent, please contact us at (201) 498-0400.