An occasional review of fascinating matters in New Jersey law – by Justin Marcus Smith

File: debt restructuring

Tenants who file for bankruptcy pose special challenges to landlords. This is especially so if the tenant has not been paying rent for some time before filing its bankruptcy petition. The Automatic Stay: The “automatic stay” comes into effect the moment a tenant files a bankruptcy petition. The “automatic stay” means all debt collection activity […]

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If you are having trouble servicing your debt, do not simply give up and walk away. You have more options now than in years past to delay foreclosure, buy time to get your finances back in order, or to restructure your debt.

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