Articles from Shenwick & Associates

Business Bankruptcy Filings Increase by 30%

 Inc. is reporting that business bankruptcy filings increased by 30%. The article can be found at https://www.inc.com/melissa-angell/small-business-bankruptcies-surged-30-percent-this-past-year-will-tariffs-accelerate-that/91221717

Corporate Bankruptcy Filings in US

UPDATE OFFERS IN COMPROMISE (“OIC”) FOR SBA EIDL LOANS 04-22-2025

 OFFER IN COMPROMISE (“OIC”) FOR  SBA EIDL LOANS UPDATEIs the SBA accepting OIC applications for SBA EIDL loans? If you search online, you'll find conflicting answers.

Subchapter V debt limit will increase to $3,424,000

The National Law Review reports that the Subchapter V debt limit will increase to $3,424,000 on April 1, 2025.

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