Sports fans and investors alike look forward to riding the ups and downs of the season with their favorite team year after year. Unfortunately, some New Jersey season ticket holders and charitable organizations have been recently deprived of that opportunity-- and have been trying to get a refund since.
Bankruptcy can be a life-changing event for individuals and families who have to file in order to seek debt relief. However, for many corporations here in New Jersey, struggling with debt is something that is constantly wrestled with. For those who are unable to cover costs, pay wages for employees or have other financial hardships, filing for Chapter 7 bankruptcy is one option that can offer some legal protection against creditors.
The cost of living in New Jersey is higher than many other places in the country, particularly when it comes to the cost of housing. Across all the counties in New Jersey, Monmouth County in particular can be one of the most costly counties to live in. These facts coupled with plummeting wages can place an exceeding amount of stress on residents that are already financially struggling.