Over 40 Years
of Trusted
Legal Experience
of Trusted
Legal Experience
Hunterdon County Bankruptcy Lawyer
Welcome to the New Jersey Law Firm of William S. Wolfson
From its beginnings in 1978 as a law firm handling primarily Chapter 7 and Chapter 13 Consumer and Business Bankruptcy cases in Hunterdon County, William S. Wolfson, Esq. LLC has grown to also practice landlord tenant law, debt collection, foreclosure, commercial real estate, condominium representation, business law, corporate formation and business disputes.
Whether you need to consider filing bankruptcy after an unexpected job loss, are opening your first business or preparing end of life documents such as a Will or Durable Power of Attorney, our firm is ready to assist you through all stages of life. Our clients come from all different walks of life, from all over New Jersey, and even some internationally.
With over four decades of experience, we have helped hundreds of people regain their financial health. Expertly using the U.S. Bankruptcy Code, we have saved countless homes from foreclosure, prevented the repossession of vehicles, saved businesses, helped grow businesses and recovered money and other property from creditors seized by bank levies and wage garnishments.
It is our mission to render skilled, cost-effective services and provide peace of mind to our clients through our areas of legal expertise.
Initial meetings should be more than a “meet and greet” session. Often, real progress toward a possible solution can be made.
Your first consultation with Bill Wolfson is free of charge. We invite you to schedule it today so that you can get immediate answers to your most pressing questions and challenges.
Meet Bill Wolfson
I am a third-generation, life-long resident of Hunterdon County, New Jersey. My family has lived and worked here since 1918. I attended Hunterdon Central High School and graduated in 1969. I have been married to my beautiful wife, Barbara, for over 43 years.Client Reviews
I want to thank you for working with me to help better my financial situation. It has been tough, but with your advice and guidance, I was able to complete the program...has also been a wealth of knowledge and guidance.
Thank you for your patience and wise counsel. You worked so hard for me!…You made things a lot more bearable.
Thanks for taking the time with me and answering all my questions. You have a very good ability to explain complex situations. I appreciate your patience.
Frequently Asked Questions
What Exactly Is Bankruptcy?
Bankruptcy is a legal proceeding that allows people who can no longer afford to pay their debts to get to cancel and not pay their debts or to create a repayment plan over 3 to 5 years in order to discharge the debt. The attorney will meet with you to review and discuss your detailed financial circumstances so he may outline your best options.
The Limited Liability Company (or “LLC”) is the business entity of choice for new business in New Jersey. The owners (called “members”) get the same protections against liability for debt or injury as do shareholders in a Sub Chapter S or Chapter C corporation.
Your operating agreement can be more flexible and simple as well. You get the same tax benefits as if you were in a sole proprietorship or partnership (not incorporated) since profits or losses go directly to your personal tax returns although an LLC return should be filed. Your accountants can give you more details.
Yes. This protects you from many forms of personal liability. It also may allow you tax advantages. It will make it easier to sell or mortgage the property as well.
Always make contact with the customer once a bill remains unpaid for more than 30 days but not later than 45 days.
If your customer is a larger organization, contact the person in charge of accounts payable. Be sure they have your invoice. Ask if there are reasons why your account has not been paid. There is as much anxiety on the other side of the phone as you may be feeling. Listen politely and never “lose your cool.”
Try to get a promise to pay by a certain date. If not, suggest a payment schedule over 2-3 months. Confirm the promises to pay by letter and email. Follow this up with a polite letter reminding the customer of the promise. Take notes about what you are told. The notes maybe valuable in or out of Court.
If the bill remains unpaid or the promises to pay are broken, contact our office to determine what you should do next.
A foreclosure is a lawsuit to cause someone to lose their home or other real estate because they did not make mortgage or property tax payments.
In the County where the property is located, the builder-developer must file documents establishing the community, a home or condo owners association and providing for how the property is to be managed and expenses paid for. These are the governing documents.
“The Condominium Act (Act), N.J.S.A. 46:8B-1 to -38,…” requires that the builder developer record a master deed containing by laws, rules and regulations and other documents.
Yes. Nonpayment of rent is the most common reason to evict. You must comply with the New Jersey Anti-Eviction Act’s requirements. Only residential tenants have these protections.
Sometimes having to go to Court to resolve a dispute over land, money or property is unavoidable. Generally, if one person wants to sell property but the other does not then they can be forced to do so or to buy you out by a legal process called partition.
Sometimes there are disputes over who actually owns the property that can only be settled by a Court. If the parties cannot agree on what should happen or if one should pay some money to buy out the other’s interest a Court’s help may be needed.
In other cases, there are suits over where property should or should not be sold or whether a contract for sale of the property has been breached or not lived up to.
A will tells the world who will receive your property when you die. A will appoints a person to handle winding up your affairs and making sure that your will’s last instructions are obeyed. This person is called an executor.
Without a will, the New Jersey Laws of Intestacy apply. These laws say how your property will be distributed among your close family members who survive you. You may not want certain close family members to receive equal shares or to receive any of the property or money you leave behind.
Without a will, the law will appoint someone to administer your estate. This is usually a close relative. This person may not be the individual you trust to carry out your wishes. The individual appointed may be irresponsible or simply not able to perform the duties of winding up your affairs and distributing your property.
A will is not expensive. It is some times more costly not to have one.
Bill’s Blog
Creditors: What CFOs and Business Managers Need To Know. Your Company Shipped Goods. Now the Customer Files a Bankruptcy! You shipped goods to your customer on Monday like you did for years. You sent the invoice by email on the same day. Again, like you did for years...
Is Your Business in Financial Trouble? Bankruptcy Protection May Not Be the Best Answer A business in financial distress does not necessarily need to shut down and it also doesn’t necessarily need to file bankruptcy. Sometimes all...
What to Do When You Can’t Pay Your New Jersey Mortgage? Are you behind in your mortgage? The first thing to do is to call the mortgage lender or servicer and explain your circumstances. See if you can...
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