Racial Disparities in Bankruptcy Filings

Attorneys may play a role in tracking clients toward different bankruptcy options based on race.

Racial Disparities in Bankruptcy Filings

By Gwen Sharp, Sociological Images The New York Times recently reported the results of a study of racial disparities in bankruptcy filings. When filing personal bankruptcy, most people have two options: Chapter 7 and Chapter 13. With Chapter 7, you have to turn over all non-exempt assets, which will be used to pay off as much of your […]

Bankruptcy vs. Debt Settlement: Which Makes the Most Sense for You?

Make sure that any attorney you speak with practices primarily in bankruptcy. That is because Bankruptcy law is complex, when you file bankruptcy, you need a bankruptcy law firm that deals with these issues on a daily basis.

Is debt settlement a reasonable alternative to bankruptcy. What are the pros and cons? Bankruptcy doesn’t have to be expensive or time-consuming, says attorney Brian Figeroux, from the Law Office of Figeroux & Associates, located in Downtown Brooklyn, NY. An experienced bankruptcy attorney, he has guided hundreds of his clients through the process. Editor