Bankruptcy

A Colts Neck man faces up to five years in prison has a $250,000 fine to pay for allegedly filing a fraudulent bankruptcy petition.

Will We Ever See Payless Shoe Stores Re-Open? Will we ever see Payless Shoe Stores re-open their closed locations? That question is still up in the air. According to NJ.COM the company has emerged from bankruptcy and their future is uncertain.

Imagine your a high school student excited for a trip with classmates to Washington D.C. to see how government works and explore our nations history. Then imagine the bus that's supposed to take you there doesn't show up.

“If they come up with something, great,” Christie said of a legislative compromise. “If they don’t, then bankruptcy would be the only option. And while I would regret having to go down that road, it is a road that I will have no choice but to go down.”

The Trustee of the bankrupt Surflight Theatre in Beach Haven has responded to accusations by Ocean Professional Theatre Company in Barnegat that bids it submitted for the historic property are being ignored.

An effort to save Long Beach Island's historic Surflight Theatre is hitting a roadblock.   Ocean Professional Theatre Company Artistic Director Steve Steiner says the bankruptcy trustee in charge of the Beach Haven property has been "incredibly unresponsive" to his group's three offers.  H...

There's been a lot of media coverage about Revel and their upcoming pre-packaged Chapter 11 Bankruptcy filing. Most of the coverage has been hyper negative.

By now you've probably heard that The Hostess Company is going out of business.