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
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
By www.311bankruptcy.com When facing the complex and often overwhelming process of filing for bankruptcy, choosing the right legal representation is crucial. The Law Firm of Figeroux & Associates stands out as a premier option for potential clients dealing with bankruptcy matters. With a reputation built on trust, expertise, and a
By Brian Figeroux, Esq. Discharging student loans through Chapter 7 bankruptcy in New York City in 2025 is a complex process that requires careful navigation of legal procedures and a thorough understanding of the criteria involved. While traditionally challenging, recent developments have provided clearer guidelines to assist borrowers in seeking
By ag.ny.gov | Editorial credit: madamF / shutterstock.com Equifax Reported Incorrect Credit Scores to Lenders, Inflating Costs for New Yorkers NEW YORK — New York Attorney General Letitia James today announced a settlement with Equifax Information Services, LLC (Equifax) for inaccurately reporting tens of thousands of New Yorkers’ credit scores to lenders,
