Even as foreclosure filings surge in New Jersey and elsewhere, Zucker Goldberg & Ackerman, arguably the state’s bellwether foreclosure firm, finds itself in debt to the tune of $20 million and facing bankruptcy after 92 years in the business.
But, after posting $30 million in gross revenue in 2014, the Mountainside firm’s expected shuttering is not for lack of business; it is instead due to changes in the nature of the business, according to its bankruptcy counsel.
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