Blogs

19 hours 54 min ago

 CNBC has a very helpful article about personal bankruptcy. The article titled:"If you’re facing bankruptcy, here’s what experts say to do before, during and after you file" can be found at https://www.cnbc.com/2022/08/14/what-experts-say-to-do-before-during-and-after-filing-for-bankruptcy.html
Jim Shenwick, Esq. 212 541 6224 [email protected]


3 days 23 hours ago

 Forbes' has an article titled Medical Bankruptcies: Can You File For Bankruptcy Over Medical Bills? The article can be found at https://www.forbes.com/advisor/debt-relief/medical-bankruptcies/
The short answer is yes, medical and hospital bills can be "discharged" in bankruptcy. We have discharged hundred's of thousand of dollars in medical bills in bankruptcy for our clients!
Jim Shenwick, Esq. 212-541-664 [email protected]


4 days 23 hours ago

 Legal Desire has an article on "5 Benefits And Drawbacks Of Filing For Chapter 7 Bankruptcy. The article can be found athttps://legaldesire.com/5-benefits-and-drawbacks-of-filing-for-chapter-7...
Individuals with questions about chapter 7 bankruptcy can contact Jim Shenwick, Esq 212-541- 6224 [email protected]


4 days 17 hours ago

Tenants RightsTaking effect on September 22, 2022, the Michigan Uniform Assignment of Rents Act (MUARA) will impact tenants’ rights in situations where landlords default on their loans. This Act also strengthens lenders’ rights, under certain circumstances, to appoint receivers to collect rent payments if one of their borrowers defaults on a loan secured by an income-producing property. Read More ›
Tags: Alerts and Updates, Did you Know?, Landlord-Tenant


1 week 20 hours ago

 Forbes.com has a timely article on Student Loan Forgiveness: 5 Major Takeaways From New Plan To Cancel Student Debt.The article can be found at https://lnkd.in/ek5ps_Vq
Jim Shenwick, Esq.


1 week 4 days ago

 Uber Embodies the Post-Covid Inflationary Economy 
The story can be found at https://www.bloomberg.com/opinion/articles/2022-08-02/uber-revenue-doubles-shares-surge-amidst-record-inflation
Jim Shenwick, Esq.  212 541 6224  [email protected]


1 week 4 days ago

 The United States Attorney's Office District of Colorado, issued a press release about "Florida Woman Sentenced to 19 Months in Prison for Submitting Fraudulent EIDL and PPP Applications in $865K Wire Fraud Scheme" the article can be found at https://lnkd.in/eEhpdz9m
Jim Shenwick, Esq 212 541 6224 [email protected]


3 days 20 hours ago

In Gunsalus v. County of Ontario, 37 F. 4th 859 (2d Cir, 6/27/22) the Second Circuit recently held that a deed issued pursuant to a New York real estate tax lien foreclosure can be attacked and set aside by a Chapter 13 debtor as a fraudulent transfer when “reasonably equivalent value” is not received for Read More


1 week 5 days ago

In Gunsalus v. County of Ontario, 37 F. 4th 859 (2d Cir, 6/27/22) the Second Circuit recently held that a deed issued pursuant to a New York real estate tax lien foreclosure can be attacked and set aside by a Chapter 13 debtor as a fraudulent transfer when “reasonably equivalent value” is not received for Read More


2 weeks 6 days ago

 An EIDL loan is one issued by the SBA for economic injury development. These loans were issued after PPP loans to businesses that had suffered economic injury.  However, unlike PPP loans, these loans must be repaid by borrowers. Many clients are calling about defaulted EIDL SBA Loans, the consequence of those defaults and remedies for those defaults. Shenwick & Associates has experience dealing with defaulted SBA loans and we have published 3 articles on our blog regarding these defaults. One post involves EIDL loans and bankruptcy, which can be found at http://shenwick.blogspot.com/2022/07/eidl-loan-workouts-and-bankruptcy.htmlA Second post pertains to defaulted EIDL loans and the SBA Offer in Compromise program.  That post can be found at http://shenwick.blogspot.com/2022/07/eidl-loans-and-sba-offer-in-compromise.htmland A Third post is about EIDL loan defaults and document review for those defaults. That post can be viewed at http://shenwick.blogspot.com/2022/07/eidl-loan-default-document-review.html
Clients or professionals with questions about defaulted EIDL loans should contact Jim Shenwick, Esq.   [email protected]   212-541-6224


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