I opened the doors to my s-corp in 2020 and due to covid I may have to file for bankruptcy. I have a great opportunity to buy a house now and don't know if the bank will go after my house for collateral. Should I wait to see what the business does or is it safe to buy a house prior to a... View More
I would never advise any client, ever to set up a Sub-Chapter S corporation. It offers no benefit to anyone other than the accountant who probably set it up for you. You need to have a strategy session with an experienced Bankruptcy attorney. You are not going to be able to purchase a new house at...View More
We have a month-to-month rental agreement and have been looking around, but there are no apartments or homes available within 15 miles for a rental. We have 2 teens in High School + a Special Needs child in Elementary.
We literally have nowhere to go without leaving the area and causing... View More
Presently, there is a stay of evictions signed by Governor Murphy under Executive Order 106 on March 19, 2020 as a result of the pandemic. The stay of evictions was recently extended by Governor Murphy and also by the federal government under the Biden administration. The CDC guidelines reference...View More
Present the Landlord with a written demand for proactive steps for Covid 19 protection. Include in the demand a list of specific deficiencies. Set a reasonable dates for commencement and completion of the required repairs which must be done by licensed contractors. If the Landlord refuses, you have...View More
Have you been served with a complaint? If so, you have a right to file an answer and have the matter heard by a Court of competent jurisdiction. The summons attached to the complaint will explain how to file an answer. The answer can be as simple as a general denial of the allegations in the...View More
Will not renew our lease and we must vacate by 12/31/20.
We plan to vacate however we need a few months to find another home, pack and leave. I am concerned of moving in the middle of winter as I have several autoimmune diseases and I am may be vulnerable to COVID-19.
Stay in premises and continue to pay rent. Try to negotiate an extension of the lease to enable to find new living accomodation. In any event, should LL file suit for eviction, except for non payment of rent which permits filing immediately, he must follow appropriate court procedure. If the matter...View More
I have been living there for five years,each of those years I've had to deal with him popping up and bringing me gifts,showing up walking around the windows,and just walking in saying he had to drop something off.I have always laughed him off, told him I did not feel comfortable but he... View More
The first is the Landlord coming into your apartment uninvited and harassing you generally. Wheteher you have a written or oral lease you are entitled to quiet enjoyment. The landlord is breaching this provision of the lease.As such, you may...View More
You should send the tenant a notice the lease period ends at the end of the next month at least thirty days prior the end of the lease term. For the notice to be effective for November 30th, the tenant should receive notice on or before October 1st. If you wish, you may advise the tenant that the...View More
Recently we denied a potential tenant because they did not have proof of income, rent payment and a security deposit. They picked the lock to the unit and moved in. We told them to leave and they are saying they are going to stay because covid19 allows people to stay without paying rent. We are... View More
Firstly, always remember that New Jersey Courts do not permit self help. If the facts as you state then are accurate then the persons occupying the premises are not tenants. They are trespassers. Go your municipal police station and sign a complaint for trespass. Also go to your municipal And...View More
Under executive order 128, a tenant can use their security deposit to pay rent, so that may be an option to offer your tenants. Furthermore, if a tenant leaves with a balance, you may deduct that balance from the tenants security deposit. But it is CRUCIAL to send your tenant a security deposit...View More
You need to terminate the tenancy of the people that live there now. Even if you do that correctly, they may not want to move out and then you will have to evict them. At this time, evictions are on hold in NJ.
Talk to them first and explain what is going on. If they are able to pay...View More
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