Encap Tax Lien Sale Put On Hold ; Rutherford Taking Steps to Collect $590,000 Debt
The Record, Bergen County, NJ › May 23, 2008
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Summary
RUTHERFORD A plan to recoup $590,000 in back taxes from EnCap in an auction today has been abandoned amid concerns over the company's rights under bankruptcy law.
Borough officials removed EnCap from the tax-lien auction as a precaution because they might have needed permission from the judge presiding over its bankruptcy filing, Mayor John Hipp said.See the full content of this document
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Encap Tax Lien Sale Put On Hold ; Rutherford Taking Steps to Collect $590,000 Debt
Rutherford now wants to obtain the judge's permission and attempt to sell liens against EnCap's land ...
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