Sewaren Reorganization Lawyer, New Jersey

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800-814-6700

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Mark A Baumgarten

Corporate, Personal Injury, Reorganization
Status:  In Good Standing *Status is reviewed annually. For latest information visit here           

Michele K. Jaspan

Litigation, Lawsuit & Dispute, Reorganization, Bankruptcy, Banking & Finance
Status:  In Good Standing *Status is reviewed annually. For latest information visit here           Licensed:  38 Years

Amy Elise Farris

International Other, Employment Discrimination, Corporate, Reorganization
Status:  In Good Standing *Status is reviewed annually. For latest information visit here           Licensed:  8 Years

Warren Brumel

Credit & Debt, Reorganization, Workout, Bankruptcy & Debt
Status:  In Good Standing *Status is reviewed annually. For latest information visit here           Licensed:  44 Years

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Brenda Jean Rediess Hoosein

General Practice
Status:  In Good Standing *Status is reviewed annually. For latest information visit here           Licensed:  37 Years

Brenda J Rediess-Hoosein

Government, Agriculture, Agriculture, Reorganization
Status:  In Good Standing *Status is reviewed annually. For latest information visit here           Licensed:  37 Years

Cassye Maureen Cole

Litigation, Trusts, White Collar Crime, Reorganization
Status:  In Good Standing *Status is reviewed annually. For latest information visit here           Licensed:  10 Years

Brittany Wood Debord

Construction, Communication & Media Law, Banking & Finance, Reorganization
Status:  In Good Standing *Status is reviewed annually. For latest information visit here           Licensed:  9 Years

Ira M. Levee

Reorganization, Bankruptcy, Bankruptcy & Debt
Status:  In Good Standing *Status is reviewed annually. For latest information visit here           Licensed:  43 Years

Steven Bernard Fuerst

Corporate, Banking & Finance, Reorganization
Status:  In Good Standing *Status is reviewed annually. For latest information visit here           Licensed:  54 Years

Free Help: Use This Form or Call 800-814-6700

Member Representative

Call me for fastest results!
800-943-8690

Free Help: Use This Form or Call 800-943-8690

By submitting this lawyer request, I confirm I have read and agree to the Consent to Receive Messages from all messaging and voice technologies including Email, Text, Phone, Terms of Use, and Privacy Policy. Information provided is not privileged or confidential.

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LEGAL TERMS

BULK SALES LAW

A law that regulates the transfer of business assets so that business owners cannot dispose of assets in order to avoid creditors. If a business owner wants to ... (more...)
A law that regulates the transfer of business assets so that business owners cannot dispose of assets in order to avoid creditors. If a business owner wants to conduct a bulk sale of business assets -- that is, get rid of an unusually large amount of inventory, merchandise or equipment -- the business owner must typically publish a notice of the sale and give written notice to creditors. Then, the owner must set up an account to hold the funds from the sale for a brief period of time during which creditors may make claims against the money. The prohibition against bulk sales is spelled out in the Uniform Commercial Code -- and laws modeled on the UCC have been generally adopted throughout the country.

GENERAL PARTNER

A person who joins with at least one other to own and operate a business for profit -- and who (unlike a corporation's owners), is personally liable for all the... (more...)
A person who joins with at least one other to own and operate a business for profit -- and who (unlike a corporation's owners), is personally liable for all the business's debts and obligations. A general partner's actions can legally bind the entire business. See also partnership, limited partnership.

ABUSE

Misuse of the Chapter 7 bankruptcy remedy. This term is typically applied to Chapter 7 bankruptcy filings that should have been filed under Chapter 13, because ... (more...)
Misuse of the Chapter 7 bankruptcy remedy. This term is typically applied to Chapter 7 bankruptcy filings that should have been filed under Chapter 13, because the debtor appears to have enough disposable income to fund a Chapter 13 repayment plan.

COLLATERAL

Property that guarantees payment of a secured debt.

TOXIC TORT

A personal injury caused by exposure to a toxic substance, such as asbestos or hazardous waste. Victims can sue for medical expenses, lost wages and pain and su... (more...)
A personal injury caused by exposure to a toxic substance, such as asbestos or hazardous waste. Victims can sue for medical expenses, lost wages and pain and suffering.

SETOFF

A claim made by someone who allegedly owes money, that the amount should be reduced because the other person owes him money. This is often raised in a countercl... (more...)
A claim made by someone who allegedly owes money, that the amount should be reduced because the other person owes him money. This is often raised in a counterclaim filed by a defendant in a lawsuit. Banks may try to exercise a setoff by taking money out of a deposit account to satisfy past due payments on a loan or credit card bill. Such an act is illegal under most circumstances.

COLLECTION AGENCY

A company hired by a creditor to collect a debt that it is owed. Creditors typically hire a collection agency only after they have made efforts to collect the d... (more...)
A company hired by a creditor to collect a debt that it is owed. Creditors typically hire a collection agency only after they have made efforts to collect the debt themselves, typically through letters (called 'dunning' letters) and telephone calls. Collection agencies are regulated by the federal Fair Debt Collection Practices Act. Unfortunately, too many collectors ignore this law.

LIMITED LIABILITY

The maximum amount a business owner can lose if the business is subject to debts, claims or other liabilities. An owner of a limited liability company (LLC) or ... (more...)
The maximum amount a business owner can lose if the business is subject to debts, claims or other liabilities. An owner of a limited liability company (LLC) or a person who invests in a corporation (a shareholder) generally stands to lose only the amount of money invested in the business. This means that if the business folds, creditors cannot seize or sell an owner's home, car, or other personal assets.

FDCPA

See Fair Debt Collections & Practices Act.

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