Articles from Shenwick & Associates

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The Great Grift: How billions in COVID-19 relief aid was stolen or wasted

Submitted by Anonymous (not verified) on Mon, 06/12/2023 - 22:50

 AP News is reporting that billions of COVID19 relief was stolen or wasted.  Should we be surprised? The story can be found at https://apnews.com/article/pandemic-fraud-waste-billions-small-business-labor-fb1d9a9eb24857efbe4611344311ae78Jim Shenwick, Esq   212 541 6224  [email protected]We help companies & individuals with too much debt!

Student loan payment restart: Here’s the official date you’ll have to start paying again Aug 29, 2023 according to AL.com

Submitted by Anonymous (not verified) on Tue, 06/06/2023 - 16:58

Student loan payment restart: Here’s the official date you’ll have to start paying again Aug 29, 2023 according to AL.com  AL.com is reporting that the official date when student loan payments will commence is August 29, 2023. The article can be found at https://www.al.com/news/2023/06/student-loan-payment-restart-heres-the-official-date-youll-have-to-start-paying-again.html

Here's What Happens When a Company You've Invested in Goes Bankrupt

Submitted by Anonymous (not verified) on Wed, 05/31/2023 - 18:43

 The Motley Fool has an article about Here's What Happens When a Company You've Invested in Goes Bankrupt.
The article can be found at https://www.fool.com/the-ascent/buying-stocks/articles/heres-what-happens-when-a-company-youve-invested-in-goes-bankrupt/
Jim Shenwick, Esq  917 363 3391  [email protected]

EIDL Loan Approved: Now What? A Comprehensive Guide for Small Business Owners

Submitted by Anonymous (not verified) on Tue, 05/30/2023 - 23:00

EIDL Loan Approved: Now What? A Comprehensive Guide for Small Business OwnersSmall Biz Trends has a very helpful article on EIDL loans. The article can be found at  https://smallbiztrends.com/2023/05/eidl-loan-approved-now-what.html

Yahoo Finance article on Filing for Personal Bankruptcy

Submitted by Anonymous (not verified) on Thu, 05/25/2023 - 22:56

Yahoo Finance has a very informative article on filing for personal  bankruptcy? The article can be found at https://finance.yahoo.com/news/file-bankruptcy-195833314.html

Jim Shenwick, Esq  917 363 3391  [email protected]
Please click the link to schedule a telephone call with me.

Bankruptcies are skyrocketing — and that’s only half the story see interesting article on The Hill-URL below.

Submitted by Anonymous (not verified) on Wed, 05/24/2023 - 21:58

 Bankruptcies are skyrocketing — and that’s only half the story. Interesting article about the increase in bankruptcy filings in The Hill. URL for the story is below.
https://thehill.com/opinion/finance/4011001-bankruptcies-are-skyrocketing-and-thats-only-half-the-story/
Jim Shenwick, Esq.  917 363 3391  [email protected]
We help individuals & companies with too much debt!

Shenwick & Associates New Website

Submitted by Anonymous (not verified) on Mon, 05/22/2023 - 20:07

 Jim Shenwick is proud to announce that our new & improved website can be viewed at https://sites.google.com/site/jshenwick/home
Jim Shenwick, Esq 917 363 3391 [email protected]

Repeat Bankruptcies Are Piling Up at Fastest Rate Since 2009

Submitted by Anonymous (not verified) on Wed, 05/17/2023 - 18:02

 Yahoo Finance is reporting that "Repeat Bankruptcies Are Piling Up at Fastest Rate Since 2009".  The article can be found at 
https://finance.yahoo.com/news/repeat-bankruptcies-piling-fastest-rate-183531003.html?guccounter=1

Jim Shenwick, Esq  [email protected]   917 363 3391We held individuals & companies with too much debt!

Offers In Compromise ("OIC") for Defaulted SBA EIDL loans and Section 108 of the Internal Revenue Code ("IRC"), Relief of Indebted Income, a Trap for the Unwary!

Submitted by Anonymous (not verified) on Tue, 05/16/2023 - 23:51

Offers In Compromise ("OIC") for Defaulted SBA EIDL loans and Section 108 of the Internal Revenue Code ("IRC"), Relief of Indebted  Income, a Trap for the Unwary!Many clients contact Jim Shenwick, Esq regarding assistance with their defaulted SBA EIDL loans and ask that we assist them with filing an OIC with the SBA.BACKGROUNDBy way of background, if an individual or a company borrows money from the SBA and is unable to repay their loan, one option is to file an OIC with the SBA, requesting that they be allowed to pay only

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