Home Ownership: Determining Your Borrowing Capacity

Home Ownership: Determining Your Borrowing Capacity

By Brian Figeroux, Esq. Embarking on the journey of homeownership is a significant milestone, especially in New York State’s dynamic real estate landscape. Understanding how much you can borrow is a crucial first step in this process. This guide outlines the steps to assess your borrowing capacity and navigate the home-buying process effectively. Step 1: […]

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

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 […]