Debt can feel like quicksand. The more you struggle, the deeper you sink—and for many people, choosing the right way out becomes an urgent decision. Should you consolidate your debts into one payment, or is it time to consider Chapter 7 bankruptcy? Understanding the differences between Chapter 7 bankruptcy and debt consolidation is essential. Each […]
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 home, car, and all their […]
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 relief. This article offers […]
When life throws unexpected financial challenges your way, it can feel overwhelming. Debt can accumulate quickly, leaving you struggling to make ends meet. If you’re facing such a situation, bankruptcy might seem like a scary option, but it can be a powerful tool for starting fresh. This article will guide you through the bankruptcy process, […]
By Brian Figeroux, Esq. Debt consolidation is often promoted as a simple solution for individuals struggling with overwhelming debt. However, for many, especially minorities, debt consolidation might not be the best option. For those seeking a fresh start and financial freedom, Chapter 7 bankruptcy is often a more effective choice. In this article, we will […]
By www.311bankruptcy.com The excitement of Black Friday, Small Business Saturday, and Cyber Monday can lead to irresistible shopping sprees. Still, for some, these events can also result in overspending that may spiral into financial distress. If you’ve maxed out your credit cards, racked up significant debt, or find yourself struggling to pay bills after these […]
Editorial credit: Andrey_Popov / shutterstock.com There are two primary types of bankruptcy for individuals: Chapter 7 and Chapter 13. Both have different processes and implications for debt discharge, and they affect credit scores differently. Chapter 7 Bankruptcy: This involves the liquidation of non-exempt assets to repay creditors. It typically remains on your credit report for […]