New Jersey Lawyer
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Bad Faith Bankruptcy Filing - New Jersey Bankruptcy Law
Assume the following scenario: Your largest creditor, an individual, files Chapter 13 bankruptcy on the eve of a judicial sale of his/her assets to be conducted by the sheriff on account of your perfected judgment lien. Your company is the only creditor listed in the debtor’s bankruptcy petition, the debtor lists only nominal assets in his/her petition, and the debtor’s plan proposes a nominal... (posted by New Jersey Lawyer 7 years 358 days ago.)
Assume the following scenario: Your largest creditor, an individual, files Chapter 13 bankruptcy on the eve of a judicial sale of his/her assets to be conducted by the sheriff on account of your perfected judgment lien. Your company is the only creditor listed in the debtor’s bankruptcy petition, the debtor lists only nominal assets in his/her petition, and the debtor’s plan proposes a nominal... (posted by New Jersey Lawyer 7 years 358 days ago.)
New Jersey - Bankruptcyl Law - Fraudulent Conveyances - NJ Lawyer
PREFERENCES AND FRAUDULENT CONVEYANCES A. Preferences. 1) Defined: Preferences are transfers of a debtor's property to a creditor, or to benefit a creditor, for payment of a prior debt, which results in the creditor receiving more than the creditor would have received in a Chapter 7 Bankruptcy if the property had not been transferred. 2) Insolvency Presumed Within 90-days of Bankruptcy... (posted by New Jersey Lawyer 7 years 364 days ago.)
PREFERENCES AND FRAUDULENT CONVEYANCES A. Preferences. 1) Defined: Preferences are transfers of a debtor's property to a creditor, or to benefit a creditor, for payment of a prior debt, which results in the creditor receiving more than the creditor would have received in a Chapter 7 Bankruptcy if the property had not been transferred. 2) Insolvency Presumed Within 90-days of Bankruptcy... (posted by New Jersey Lawyer 7 years 364 days ago.)
New Jersey Debt Collection - Judgment Enforcement
Assume the following scenario: Company A (“A”) maintains a principal office in New York . Company B (“B”) maintains its principal office in New Jersey . B orders goods from A, accepts delivery but refuses to pay A. The purchase order and its terms and conditions provide A with the right to file suit against B in New York State . A exhausts its efforts to collect the debt and instructs its lawyer... (posted by New Jersey Lawyer 7 years 364 days ago.)
Assume the following scenario: Company A (“A”) maintains a principal office in New York . Company B (“B”) maintains its principal office in New Jersey . B orders goods from A, accepts delivery but refuses to pay A. The purchase order and its terms and conditions provide A with the right to file suit against B in New York State . A exhausts its efforts to collect the debt and instructs its lawyer... (posted by New Jersey Lawyer 7 years 364 days ago.)
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