The vast majority of people in New Jersey and across the country work hard to fulfill their financial obligations. Unfortunately, unforeseen circumstances can easily derail a person's best intentions. For example, a lost job or serious medical condition can result in debt that may be difficult -- if not impossible -- to overcome. For many of these people, seeking Chapter 7 bankruptcy may be their best option.
Football league chooses Chapter 7 bankruptcy
There are many organizations and businesses in New Jersey that are dedicated to achieving success. However, there are often a variety of different factors at play that could ultimately impact the ability to be successful -- often, these factors may be beyond the control of decision-makers. For example, there seems to be a variety of factors at play in the decision of the Arena Football League's decision to file for Chapter 7 bankruptcy.
