Federal courts have been established specifically to help New York consumers and businesses overcome extraordinary financial problems. Attorneys help debtors determine which type of bankruptcy will result in the most beneficial outcome. Legal advisers also provide guidance about qualifications for bankruptcy, which differ from type to type.
Some New York residents may remember a time when A&P was their family's go-to grocery store. Known as the Great Atlantic & Pacific Tea Co, A&P once controlled 4,200 food stores nationwide. That was long ago, in the middle of the last century, before consumers were lured away by Wal-Mart, discount stores and specialty chains.