Chapter 7 vs. Chapter 13 Bankruptcy: How Life Circumstances Affect Your Decision

By on    Black Business  

Chapter 7 vs. Chapter 13 Bankruptcy: How Life Circumstances Affect Your Decision

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 […]

Racism in Chapter 7 and 13 Bankruptcies: Examining Racial Disparities in Access and Legal Support Amid Promises of a Fresh Start

By on    Race and Racism  

Racism in Chapter 7 and 13 Bankruptcies: Examining Racial Disparities in Access and Legal Support Amid Promises of a Fresh Start

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 […]