Articles from Shenwick & Associates

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Can you get a small business loan after bankruptcy?

Submitted by Anonymous (not verified) on Wed, 04/19/2023 - 18:24

 Bankrate has a very interesting and informative article about whether a small business can get a small business loan after bankruptcy? The article states that getting a small business loan after going through bankruptcy is possible, but it can be a challenge. At Shenwick & Associates we have found that individuals can obtain credit 6 months to 1.5 years after filing for personal bankruptcy and approximately 2 years for businesses.

Small businesses are filing for bankruptcy at a higher rate than at the peak of the pandemic - and a looming credit crunch could make things worse

Submitted by Anonymous (not verified) on Mon, 04/10/2023 - 23:44

 Yahoo Finance is reporting that Small businesses are filing for bankruptcy at a higher rate than at the peak of the pandemic - and a looming credit crunch could make things worse

Rising number of Americans choose bankruptcy to deal with unmanageable debt: report

Submitted by Anonymous (not verified) on Tue, 04/04/2023 - 19:28

A Fox 13 Report states that  "A growing number of Americans, still reeling from the financial strain of the COVID-19 pandemic, are no longer benefiting from government relief efforts and are increasingly choosing bankruptcy to deal with unmanageable debt, according to a recent American Bankruptcy Institute (ABI)"The article can be found at  https://www.q13fox.com/news/more-americans-choose-bankruptcy-debt-report

Bankruptcy Fraud is a Crime and People Who Commit Bankruptcy Fraud can be Arrested and Serve Time in Jail if Convicted

Submitted by Anonymous (not verified) on Wed, 03/29/2023 - 18:42

 Bankruptcy Fraud: Former Attorney From Westchester Lied To Keep Home, Sports Car, Officials Say and was Arrestedhttps://dailyvoice.com

Federal Government Bailout Packages for Small Businesses: What You Need to Know - TDPel Media

Submitted by Anonymous (not verified) on Wed, 03/22/2023 - 00:00

 TDPelmedia has an article about bailout packages for small business.

Jim Shenwick, Esq Commercial Leasing Biography in Manhattan New York City

Submitted by Anonymous (not verified) on Sun, 03/19/2023 - 17:24

 ● Jim Shenwick, Esq has  a specialty in commercial leasing (he has represented over 300 tenants and landlords in commercial lease negotiations).   ●Representative Manhattan transactions include the following: (a) represented over 250 commercial tenants representing office space in Manhattan, New York City.●Represented a Landlord who leased retail space to a Gap store in Midtown East, (b) Represented a Landlord who leased space to a coffee chain in the East 20’s, (c) Represented a private equity fund that leased office space in 7 Time Square Tower, (d) Represented a hedge fund that leased o

Commercial Leasing Checklist in New York City Manhattan Part II

Submitted by Anonymous (not verified) on Sun, 03/19/2023 - 17:15

  1.                  Tenant should be permitted signage (at no cost)  in building lobby directory, elevator, floor and door (window signage flag should be permitted for retail)  2.                  Tenant should have the right to make deliveries to the premises at any time of the day for retail use 3.                  Sidewalk maintenance & repair should not the responsibility of the retail tenant, other than snow removal  4.                  Prior approval of private carter for retail Tenant.

Commercial Leasing Checklist in New York City Manhattan Part I

Submitted by Anonymous (not verified) on Sun, 03/19/2023 - 17:05

 At Shenwick & Associates, we have represented more than 300 tenants in commercial leasing transactions, including office tenants, restaurants & retain stores.

What is Chapter 11 bankruptcy?

Submitted by Anonymous (not verified) on Fri, 03/17/2023 - 20:07

 Business Insider has a very helpful article on Chapter 11 bankruptcy.

MOTLEY FOOL ARTICLE ON REPAYMENT OF SBA EIDL LOANS

Submitted by Anonymous (not verified) on Mon, 03/13/2023 - 23:21

 The Motley Fool has an article on the repayment of SBA EIDL Loans. The article is titled 
"Took Out a Small Business Loan During the Pandemic? You May Need to Start Paying It Back"
The article can be found at https://www.fool.com/the-ascent/small-business/articles/took-out-a-small-business-loan-during-the-pandemic-you-may-need-to-start-paying-it-back/

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