Charles M. Forman
Mediation
The United States Bankruptcy Court for the District of New Jersey has adopted a mediation program to facilitate the resolution of contested matters and adversary proceedings for debtors, creditors and parties-in-interest. As a rule, you can assume that if you get involved in litigation in the Bankruptcy Courts in New Jersey that the Court will […]
Reorganization & Business Workouts
During the past four decades, Forman Holt attorneys have represented financially troubled businesses in restructuring efforts. Our attorneys represent distressed businesses in a wide variety of circumstances including two party loan workouts, out-of-court restructuring and Chapter 11 reorganization proceedings. We work with our clients to assess the economic, market and legal issues relating to their […]
Personal & Consumer
There are three types of bankruptcies available for individuals: Chapter 7 Chapter 11 Chapter 13 The filing of any one of these types of cases immediately stops harassing phone calls, lawsuits and attempts by creditors to obtain possession of property, including wage executions and foreclosure sales. Our attorneys can evaluate the particular circumstances of each case and can […]
Selected Matters
The following is a selection of work in Chapter 7 and Chapter 11 proceedings that the firm has handled / continues to handle, where the United States Department of Justice appointed members of the firm as bankruptcy trustees, the firm serves or served as counsel to a trustee or as a state court fiduciary or […]
Creditors’ Committees
Our attorneys have represented creditors’ committees in Chapter 11 cases and out-of-court workouts in New Jersey and in other jurisdictions. As the attorneys for creditors’ committees, we recognize that the primary goal is to maximize the value to unsecured creditors while minimizing the expenses associated with doing so. No matter the size or scope of […]
Assignees & Receivers
Forman Holt has served and represented Trustees in bankruptcy cases for over 40 years. The attorneys at Forman Holt are well versed in all aspects of fiduciary practice in both state and federal courts. Our attorneys have extensive experience in proceedings involving Assignments for the Benefit of Creditors (“ABC”), a state court alternative to formal […]
Trustee & Fiduciary
As attorneys to trustees and other fiduciaries, we have developed expertise in litigation involving the areas of fraudulent and preferential transfers and other avoidance actions under the Bankruptcy Code and state court statutes, the resolution of complex lien issues, recovery of directors and officers claims, the prosecution of objections to discharge, the liquidation of assets, […]
Real Estate & Transactional
Many areas of our practice ultimately involve interests in real property. A client may have an estate with commercial or residential real property that needs to be sold. A commercial client might have a lien on an office building, a residential tower, a multi-purpose retail development or even raw, undeveloped land. In every circumstance, there […]
Debtor Representation
Forman Holt assists all types of clients in financial distress. Our attorneys understand that it is often an event such as a business failure, losing a job, falling ill or getting a divorce that drives otherwise financially responsible individuals to seek bankruptcy relief. After consultation with our firm –“there’s a huge sense of relief” for […]
Trustee & Fiduciary
Forman Holt’s members are widely respected, well established leaders in the Greater New York/New Jersey bankruptcy industry who have handled bankruptcy matters throughout the country. For more than 40 years, members of the firm have participated in well over 20,000 Bankruptcy Court Chapter 11 and Chapter 7 proceedings as trustees and as attorneys for trustees. […]
