Bad Faith Chapter 13 Bankruptcy NJ Much to your surprise, someone you loaned a substantial amount of money to just filed for Chapter 13 bankruptcy protection and didn't even give you the courtesy of a phone call in advance. You receive a notice in the mail from the bankruptcy court informing you of the filing. Your only proof of the debt is a sign...
What do you do when confronted with a disgruntled and out-of-control litigant who continually files frivolous lawsuits against the same client involving the same dispute previously resolved by a final judgment in the Superior Court of New Jersey? The short answer is you seek an injunction, as our firm successfully obtained this past week in th...
Chapter 7 Bankruptcy and Income Tax Returns Go Hand in Hand Individuals contemplating filing a Chapter 7 bankruptcy case (also known as a liquidation bankruptcy) who haven't filed a federal income tax return for the past year may have problems. (The Internal Revenue Service website identifies the minimum income requirements that obligate the fil...
When does a New Jersey resident lose all right to funds in a bank account levied by a judicial officer on behalf of a judgment creditor? The answer: "When the Superior Court of New Jersey enters an order compelling the bank to turnover or surrender the funds." If a turnover order is entered before a bankruptcy petition is filed, the debtor ...
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