By Brian Figeroux, Esq. In today’s economic climate, financial instability is a growing concern for many individuals. Rising costs of living, inflation, job loss, and personal hardships such as divorce and broken relationships can lead to overwhelming debt. When financial obligations become unmanageable, bankruptcy may be the best solution for a fresh start. However, choosing […]
By Brian Figeroux, Esq. | Editorial Credit: Smart Calender/ shutterstock.com Bankruptcy law, in theory, is designed to offer individuals and businesses a fresh start when they are overwhelmed by debt. The process should be equitable, neutral, and available to all debtors, regardless of their race or socioeconomic background. However, a growing body of evidence suggests […]
Editorial Credit: Vitalii Vodolazskyi / shutterstock.com If you’re a small business owner in New York grappling with insurmountable debt, missed payrolls, or unpaid suppliers, you may be considering bankruptcy as a way to manage your financial crisis. Choosing the right type of bankruptcy—Chapter 13 or Chapter 11—can make all the difference in how effectively you […]