More From Eric Dixon at http://www.NYBusinessCounsel.com

Support Independent Investigations With Bitcoin:
Send Bitcoin Here: 171GMeYRD7CaY6tkXs8dSTjLbAtFazxhVL

Top 50 Twitter Rank of Worldwide Startup Advisors For Much of 2014
. Go to my professional site for solutions to your legal, business and strategic problems. The only lawyer who is a co-inventor of multiple, allowed-for-grant patents on blockchain technology!!! Blockchain and Digital Currency Protocol Development --
Top Strategic Judgment -- When You Need A Fixer -- Explore Information Protection and Cryptographic Security -- MUST-WIN: JUST DON'T LOSE -- SURVIVE!: Under Investigation? Being Sued? Handling Extreme Stress -- Corporate Issues -- Startup Issues -- Investor Issues -- Contracts To Meet Your Needs -- Opposition Research -- Intellectual Property, Media and Reputation Issues -- Independent, top-notch legal, strategic and personal advice -- Extensive ghostwriting, speechwriting, book writing, issue research, press and crisis management services. Listed by American Bar Association's Law Bloggers (Blawgers). Contact EDixon@NYBusinessCounsel.com. European Union audiences: This site uses a third party site administrator which may use cookies but this site is intended for AMERICAN clients and prospective clients only!

Thursday, June 21, 2012

New Jersey Admits Foreclosure Bill Is Fiscal Disaster

The New Jersey Office of Legislative Services reports that the disastrous New Jersey Residential Foreclosure Transformation Act, up for a vote Thursday in the State Assembly (A.2168) and Monday in the State Senate (S.1566), will have an "indeterminate fiscal impact on the State and certain local governments."  Just as Steve Lonegan of Americans For Prosperity said in his testimony Monday before an Assembly Appropriations Committee.

I have previously written about the Act's potential to destroy homeowner wealth, and New Jersey Governor Chris Christie's apparent and suspicious refusal to announce the Act is dead on arrival.  I testified in opposition to the Act on Monday before the Assembly Appropriations Committee. Several Republican assembly representatives have been vocal in their opposition to the bill. 

Updates on these bills' status in the New Jersey Legislature will be provided as developments warrant.


No comments:

Post a Comment