PM Pierre Starts Budget 2024/25 Consultations

PM Pierre Starts Budget 2024/25 Consultations

Preparations for the 2024/25 Budget are well underway. Prime Minister and Minister for Finance Hon, Philip J. Pierre, has begun holding consultations with department heads, permanent secretaries and the senior leadership of the various government agencies and ministries. The consultations allow the Prime Minister to get input on a range of issues, including economic trends, […]

New Insurance Act to Enhance Financial Protection in Belize

New Insurance Act to Enhance Financial Protection in Belize

In a move towards modernizing and enhancing financial protection, Belize has introduced a New Insurance Act, which came into effect on October 1, 2023. This landmark legislation replaces the previous Insurance Act and the International Insurance Act. The New Insurance Act represents an important moment in Belize’s regulatory framework for insurance, merging the Insurance Act […]

CONSUMER ALERT: As the Pause on Federal Student Loans Ends, the New York Department of State’s Division of Consumer Protection Offers Tips for Borrowers to Avoid Scams

CONSUMER ALERT: As the Pause on Federal Student Loans Ends, the New York Department of State’s Division of Consumer Protection Offers Tips for Borrowers to Avoid Scams

Student Loan Borrowers are Reminded to Only Use Trusted Government Websites and Not Respond to Unsolicited Offers of Student Loan Relief or Assistance Secretary Rodriguez: “To protect yourself from falling victim to a scam, I urge all New Yorkers to read our tips, stay up-to-date with trusted information and remain vigilant throughout the entire student […]

Thirty-nine young entrepreneurs get grants from YEA

Thirty-nine young entrepreneurs get grants from YEA

By: Caribbean Business Report Thirty-nine (39) young Saint Lucians are now further empowered to propel their business thanks to the Youth Economy Agency (YEA). During a brief ceremony on Wednesday 24th May 2023 the Agency disbursed funds for 39 new grant recipients at its offices on Chaussee Road in Castries. A total of $66,558.02 was […]

Department of Labor (DOL) Top Jobs for Workers

Department of Labor (DOL) Top Jobs for Workers

By: Linda Nwoke  The U.S. Department of Labor (DOL) is the country’s federal agency in charge of protecting and promoting the welfare of job seekers, workers, and retired workers. The agency provides opportunities across various industries. There are about six major sectors in the economy. As of the end of March 2023, there were more […]

Caribbean travel sector in focus from next week in Barbados

Caribbean travel sector in focus from next week in Barbados

Credit: Caribbean Business Report Caribbean tourism stakeholders are gearing up with excitement for the 41st Caribbean Travel Marketplace, set to take place in sunny Barbados next week! Produced by the Caribbean Hotel and Tourism Association (CHTA) and hosted by Barbados Tourism Marketing Inc. and the Barbados Hotel and Tourism Association (BHTA), the event provides an […]

Ministry of Commerce extends deadline for MSME Loan-Grant offers to May 31st

Ministry of Commerce extends deadline for MSME Loan-Grant offers to May 31st

By: Caribbean Business Report The Ministry of Commerce has extended its first call for applications for the Micro, Small, and Medium Enterprise (MSME) Loan-Grant Facility to Wednesday, 31st May 2023. The MSME Loan-Grant is an EC$10 million facility aimed at providing post COVID-19 pandemic relief to registered MSMEs. It is a combination of 70% grant […]

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.