Blogs

23 hours 19 min ago

10 Helpful Tips for Getting Business Loans After BankruptcySmallBizTrends features an informative article on securing a business loan post-bankruptcy. From our experience, individuals often become more creditworthy after filing for bankruptcy, because their personal balance sheet is improved (liabilities are discharged). and  one can only file for Chapter 7 Bankruptcy once every 8 years. 
The article is accessible at https://smallbiztrends.com/2023/09/loans-after-bankruptcy.html. Businesses or individuals overwhelmed with debt should reach out to Jim Shenwick, Esq. You can contact him at 917 363 3391 or [email protected]. To schedule a telephone call, please click the following link: https://calendly.com/james-shenwick/15min. We assist individuals and businesses struggling with excessive debt!


5 days 15 hours ago

 What Do the Most Recent Bankruptcy Filing Statics Mean? JDSupra has an interesting article discussing the recent upswing in bankruptcy filings and what the data means.The article can be found at  https://www.jdsupra.com/legalnews/a-look-into-2023-what-do-the-bankruptcy-4316229/
Jim Shenwick, Esq  917 363 3391  [email protected] Please click the link to schedule a telephone call with me.https://calendly.com/james-shenwick/15minWe held individuals & businesses with too much debt!


1 week 21 hours ago

Chicago Booth Review has an article on 
Why Small Businesses Are More Reluctant to File for Chapter 11?
The article can be found at https://www.chicagobooth.edu/review/why-small-businesses-are-more-reluctant-file-chapter-11

Jim Shenwick, Esq  917 363 3391  [email protected] 
Please click the link to schedule a telephone call with me.
 https://calendly.com/james-shenwick/15min
We held individuals & businesses with too much debt!


1 week 1 day ago

 
I Stopped Paying My Private Student Loans, and Somehow Got Lucky
https://www.nytimes.com/2023/09/09/business/private-student-loans-debt-collection.html?smid=nytcore-android-share

Jim Shenwick, Esq  917 363 3391  [email protected] 
Please click the link to schedule a telephone call with me.
 https://calendly.com/james-shenwick/15min
We held individuals & businesses with too much debt!


2 weeks 2 days ago

 Bloomberg is reporting that Business Bankruptcies Soar in August as Rising Interest Rates Bite.The article can be found at https://www.bloomberg.com/news/articles/2023-09-05/businesses-bankruptcies-soar-in-august-as-interest-rates-bite?embedded-checkout=true
Jim Shenwick, Esq  917 363 3391  [email protected] Please click the link to schedule a telephone call with me. https://calendly.com/james-shenwick/15minWe held individuals & businesses with too much debt!


2 weeks 6 days ago

Do You Need to Finance a Car in Chapter 13? The last thing you want to do is get further into debt while you are in Chapter 13.  (The goal of Chapter 13 is to get out of debt.)  But sometimes you need to–most often if you need to replace a junker car. There are […]
The post Rats! I need a new car and I’m stuck in Chapter 13 by Robert Weed appeared first on Northern VA Bankruptcy Lawyer Robert Weed.


2 weeks 6 days ago

Do You Need to Finance a Car in Chapter 13? The last thing you want to do is get further into debt while you are in Chapter 13.  (The goal of Chapter 13 is to get out of debt.)  But sometimes you need to–most often if you need to replace a junker car. There are […]
The post Rats! I need a new car and I’m stuck in Chapter 13 by Robert Weed appeared first on Northern VA Bankruptcy Lawyer Robert Weed.


3 weeks 15 hours ago

Do You Need to Finance a Car in Chapter 13? The last thing you want to do is get further into debt while you are in Chapter 13.  (The goal of Chapter 13 is to get out of debt.)  But sometimes you need to replace a broken down junker. So, you need financing for a […]
The post Rats! I need a new car and I’m stuck in Chapter 13 by Robert Weed appeared first on Northern VA Bankruptcy Lawyer Robert Weed.


3 weeks 15 hours ago

Do You Need to Finance a Car in Chapter 13? The last thing you want to do is get further into debt while you are in Chapter 13.  (The goal of Chapter 13 is to get out of debt.)  But sometimes you need to replace a broken down junker. So, you need financing for a […]
The post Rats! I need a new car and I’m stuck in Chapter 13 by Robert Weed appeared first on Northern VA Bankruptcy Lawyer Robert Weed.


3 weeks 15 hours ago

 Credit card and Car loan defaults hit 10-year high as inflation squeezes Families
The New York Post is reporting that credit card and car loan defaults have hit a 10 year high, due to inflation and other economic issues. Will personal bankruptcy filings increase in near term? Very likelyThe article can be found at https://nypost.com/2023/09/04/credit-card-and-car-loan-defaults-hit-10-year-high-as-inflation-squeezes-families/?utm_source=gmail&utm_campaign=android_nyp
Jim Shenwick, Esq  917 363 3391  [email protected] Please click the link to schedule a telephone call with me.https://calendly.com/james-shenwick/15minWe held individuals & businesses with too much debt!


Pages