Bankruptcy is often seen as a last resort, a way to escape overwhelming debt when all other options have failed. But the truth is, bankruptcy isn’t just a legal process — it’s a strategic financial decision that can reset your future. Proper planning before filing can mean the difference between a smooth journey to debt […]
For many Americans, a car is more than just a way to get from point A to point B. It’s essential for getting to work, running errands, taking kids to school, and managing everyday responsibilities. But when financial hardship strikes and bankruptcy becomes the only option, one of the first questions people ask is: “What […]
By: Brian Figeroux, Esq. Purchasing a home is one of the most significant financial decisions a person will make in their lifetime. Beyond the immediate considerations of location, mortgage rates, and property value, there lies a deeper and often overlooked aspect: how this purchase integrates with your broader financial plan. Wealth management and estate planning […]
By: 311bankruptcy.com For many people, filing for bankruptcy carries a terrifying myth: the fear of losing everything they own. The idea of starting over with nothing stops many debtors from pursuing bankruptcy protection, even when it’s their best option for a financial fresh start. The truth, however, is much more reassuring. Bankruptcy law includes a […]
By: Chris Tobias New York City is grappling with a dual economic challenge: persistent inflation that has driven consumer prices up nearly 22% since 2019, and a job market showing early signs of instability. For working-class New Yorkers, rising costs for essentials like food and transportation are straining household budgets, while the specter of slowing […]
By: Chris Tobias New York City stands at a precarious economic crossroads, contending with stubborn inflation, uneven wage growth, and the first signs of job losses since the pandemic’s recovery period. While national inflation has cooled, the city’s cost of living continues to climb—driven in part by lingering effects of Trump-era tariff policies that disrupted […]
By: Chris Tobias New York City is contending with stubborn inflation, slowing job growth, and the lingering economic fallout from Trump-era tariffs that disrupted supply chains and pushed prices higher. For residents already grappling with steep housing, food, and transit costs, these pressures threaten to erode both financial stability and economic opportunity. In this challenging […]
Photo Copyright IQ INC. Suffering a personal injury can be a life-altering event, bringing not only physical and emotional pain but also significant financial strain. While a personal injury award can provide much-needed compensation, it can also create an unexpected dilemma for individuals relying on essential public benefits in New York, such as Medicaid, Supplemental Security […]
By Brian Figeroux, Esq. Estate planning is an essential step in securing your financial legacy and ensuring your loved ones are cared for after your passing. In New York City (NYC), two of the primary tools for estate planning are wills and trusts. Each option provides different levels of control, efficiency, and flexibility when it […]
Photo Copyright IQ INC. Figeroux & Associates | 26 Court Street, Suite 701, Brooklyn, NY 11242 | www.askthelawyer.us | 855-768-8845 When it comes to estate planning in New York, failing to address contingencies in your will or trust is like building a house with no roof — everything works fine until a storm hits. At […]