State Court Insolvency
Customized State Court Insolvency Services
State court remedies often are better suited for client needs. An Assignment for the Benefit of Creditors is frequently a more expeditious and less costly alternative to Chapter 11 Bankruptcy, State Court receiverships and the appointment of fiscal agents often serve as valuable tools for creditors of business debtors.
Award-Winning Legal Leadership and Expertise
Partner Steven Z. Jurista is one of the most experienced state court insolvency attorneys in New Jersey. He has handled more Assignment for Benefit of Creditors proceedings than any other attorney over the past three decades. Mr. Jurista has also represented the State Court Receiver in a large real estate insolvency.
Innovative and Practical Legal Solutions
Wasserman, Jurista & Stolz provides innovative and practical legal solutions to clients involved in distressed financial situations. Our attorneys understand that, in many situations, avoiding the courts is the most desirable and cost-effective method of retaining enterprise value. Whenever possible, our attorneys will guide you or your company down the path of least resistance while helping you retain your wealth. Wasserman, Jurista & Stolz can assist its clients in disposing of its distressed business interests by instituting and processing orderly liquidations and reaching consensual debt restructurings.