Legal Question in Bankruptcy in New Jersey

Recovering Money Owed to You

You don't mention how much money is at stake, but assuming it is enough to go after, you could file an action in Massachusetts (based on the information as I understand it) and seek a judgement that the broker owes you the money. If the broker delcares bankruptcy, all is not necessarily lost. It depends on what chapter they file under, and whether they have any assets to pay creditors. You might get a portion of your money, but not all of it.

To find out if the broker has filed for bankruptcy, you would need to check in the Federal Bankruptcy court in the area where the broker operated their business. I have a Bankruptcy directory that lists the bankruptcy courts in all 50 states, along with phone numbers. If you email me the county and city of the broker's business, I can tell you the court and phone number. If you call the court, and ask them nicely, they may look up the name and tell you if there is a filing for that person. You will need to be able to tell them the exact business name, or person's name, under which there would be a filing.