Recognizing Financial Hardship Before It’s Too Late For many individuals and families, financial hardship can sneak up slowly—credit card balances grow, collection notices pile up, and the stress becomes constant. But how do you know when your situation has crossed the line from manageable debt to a financial crisis? Recognizing
By Brian Figeroux, Esq., the Law Firm of Figeroux & Associates Facing overwhelming debt is a deeply personal and often frightening experience. Credit card bills, medical expenses, payday loans, or wage garnishments can leave you feeling trapped with no clear path forward. While many consumers delay seeking help due to
One of the most common and stressful questions people ask before filing for bankruptcy is: “Will I lose my home, my car, or my business?” The short answer? Not necessarily. Bankruptcy is designed to give you a fresh start, not to strip you of everything you own. In many cases,
A Strategic Reset That Offers Relief, Not Ruin Worried about filing for bankruptcy? Learn what really happens after you file, from court steps to credit recovery, and why bankruptcy can be a smart financial reset—not a life sentence. By www.311bankruptcy.com When people hear the word bankruptcy, they often envision financial
By Brian Figeroux, Esq. The restaurant industry in New York City (NYC) is renowned for its diversity and vibrancy, yet it faces significant challenges, particularly concerning the sustainability of new establishments. A notable concern is the high failure rate of restaurants within their initial years of operation. Understanding these challenges
By Bedassa Tadesse, THE CONVERSATION | Editorial credit: bella1105 / Shutterstock.com Get ready to pay more for avocados, maple syrup and – well – almost everything. The U.S. officially imposed new 25% tariffs on Canada and Mexico on March 4, 2025, following through on a long-delayed pledge from President Donald Trump. American consumers and businesses are now bracing for
By Brian Figeroux, Esq. Debt consolidation loans can be a useful financial tool for combining multiple debts into a single, manageable payment. However, they are not always the right solution for everyone. In some cases, taking out a debt consolidation loan can lead to even greater financial difficulties. This article
By Brian Figeroux, Esq. Chapter 7 bankruptcy is the simplest and quickest way to erase most debts, yet many people avoid it due to misconceptions, fear, and bad advice. Here’s why: Fear of Losing Property (Which Rarely Happens) Many believe that filing for Chapter 7 means they will lose their
By Brian Figeroux, Esq. Receiving a lawsuit notice for credit card debt can be stressful and overwhelming, but it’s important to remain calm and take action quickly. Ignoring the lawsuit can lead to a default judgment, which may result in wage garnishment, bank account levies, or liens on property. However,
By Brian Figeroux, Esq. If a court determines that you owe money to an individual or a company, the creditor or debt collector may attempt to collect the debt by targeting your bank account. This process can result in your account being frozen or your funds being seized. However, both
