LexisNexis® Legal Newsroom
Vetstein Law Group: Not So Fast! Developer Cannot Avoid Creditor By Transferring Rental Property Into Nominee Trust Held By Wife

By Richard D. Vetstein, ESQ Why A Massachusetts Real Estate Nominee Trust Is Worthless and Useless Since the concept of currency and debt was created, debtors have been playing a cat-and-mouse game with creditors in order to avoid satisfaction of their debts. A ruling last monthby the Massachusetts...

New Jersey Law Requires Creditors to Maintain Vacant Property During Pending Foreclosures

New Jersey municipalities are now authorized to penalize creditors who do not address code violations or abate nuisances on vacant or abandoned residential property subject to a pending foreclosure action. Pursuant to Assembly Bill A347 , New Jersey municipalities will now be allowed "to require...