A New Jersey hospital's bankruptcy filing has led to much contention for the local water utility company. According to hospital officials, a plan has been set into motion to repay the past due bill. Although the hospital came out of the bankruptcy with a complete...
Month: May 2011
New Jersey helps homeowners stop foreclosure
In an effort to stop foreclosure on homes in these difficult economic times, the U.S. Treasury's Hardest Hit Fund has been allocated $112 million to help 18 states, as well as Washington, D.C., that have been badly affected by the economic downturn. With financial...
2 file for bankruptcy in Vineland, others hover on the verge
The Urban Enterprise Zone (UEZ) program in the city of Vineland, New Jersey, has reported that two debtors have filed for bankruptcy protection. In addition, it shows a number of other debtors on a delinquency report. None of them are filing for bankruptcy at this...
Foreclosure proceedings under scrutiny in New Jersey
A number of judges, including at least one in New Jersey, continue to express doubts that foreclosure proceedings have improved since last year. According to one New York State Supreme Court Justice, lenders have not done much to bring procedures up to par. He...