Car Loan Delinquency Crisis: The Impact on Borrowers and Guarantors & Legal Solutions

Car Loan Delinquency Crisis: The Impact on Borrowers and Guarantors & Legal Solutions

By Brian Figeroux, Esq. Car loans have become a significant financial burden for many Americans, with delinquency rates rising sharply in recent years. The combination of inflation, high-interest rates, and economic instability has left borrowers struggling to keep up with their auto loan payments. The crisis not only affects the primary borrower but also places […]

Chapter 7 vs. Chapter 13 Bankruptcy: How Life Circumstances Affect Your Decision

Chapter 7 vs. Chapter 13 Bankruptcy: How Life Circumstances Affect Your Decision

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 a fresh start. However, choosing […]

DiNapoli Releases Report on Nonprofit Industry

DiNapoli Releases Report on Nonprofit Industry

By: NYS Office of the Comptroller State Comptroller Thomas P. DiNapoli released a report that showed nonprofit organizations in 2022 provided 1.3 million jobs to New Yorkers, just over 1 in 6 private sector jobs in the state. While the number of nonprofits increased nationally between 2017-2022, they declined in New York and the number […]