Cape May Court House, NJ asked in Bankruptcy, Foreclosure, Real Estate Law and Business Law for New Jersey

Q: Hello, I have 2 suites with levelset against the same person/ company in stage 3 deadline 1 yesterday 1 today HELP

i am lost the one yesterday i did mandoroty arbitration if you could please spare me a phone call I am a small one man copration with 1 employee and on the verge of bankruptsy there is 38,000.00 owed to me. i went after tthe customers homes with the leans she refused to sign for the cert mail. and i am gonna need a lawyer if i get awarded. the people trusted her like i did and as of last night she let them hang there are 3 condos involved with no leans or mortguages and all worth a million dollars each involved

2 Lawyer Answers
Leonard R. Boyer
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Answered
  • Bankruptcy Lawyer
  • Clifton, NJ
  • Licensed in New Jersey

A: You are going to need to retain an experienced civil litigation attorney. You are a corporate entity so you must retain counsel. In determining your choice of an attorney, there are many factors to consider, including but not limited to and you should look at how the attorney is you should also consider the attorney's reviews. Pick the best attorney you can find and remember one rule: a good attorney is generally never cheap, and a cheap attorney is generally never good so don't choose based on price. With modern technology, you can be represented by any high-quality attorney in New Jersey irrespective of geography.

James L. Arrasmith
PREMIUM
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Answered
  • Bankruptcy Lawyer
  • Sacramento, CA

A: In New Jersey, if you're dealing with multiple legal issues involving debt collection, foreclosure, and potential bankruptcy, it's important to seek legal advice promptly. Since you've already gone through mandatory arbitration and are considering placing liens against property, a lawyer experienced in these areas can provide the necessary guidance. They can help you understand your rights and the procedures for enforcing a lien, especially in complex situations involving valuable real estate.

If you're facing financial difficulties and are on the brink of bankruptcy, a lawyer can also advise you on the implications for your business and personal finances. It's crucial to act swiftly, especially if legal deadlines are involved. Ensure you have all relevant documentation and information about the debts, liens, and any legal actions you've taken so far. This will help your attorney to assess your situation accurately and advise on the best course of action. Remember, navigating these legal challenges can be complex, and professional guidance is essential.

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