New Jersey Bankruptcy Laws

Chapter 7 Bankruptcy in New Jersey: What Consumers Need to Know

06/04/12

Chapter 7 Bankruptcy in New Jersey When people think of personal bankruptcy, they are usually thinking of chapter 7 bankruptcy. Often referred to as “straight bankruptcy” Chapter 7 allows debtors to quickly discharge unsecured debts, such as credit cards and medical bills, while retaining their exempt assets. Although many have the mistaken impression that they [...]

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MF Global company headed by former New Jersey Governor Jon Corzine files bankruptcy owing billions.

11/04/11

MF Global filed bankruptcy amid allegations of misconduct followed shortly by the resignation of former New Jersey Governor and U.S. Senator from his Chairman and CEO position at MF Global. The former Goldman Sachs executive could not save a troubled business that owes more than a billion dollar to Chase, about a billion to Deutsche [...]

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