Articles from Shenwick & Associates

Primary tabs

Bed Bath & Beyond ("BBB") Warns of Potential Bankruptcy

Submitted by Anonymous (not verified) on Fri, 01/06/2023 - 20:15

The New York Times has an article that warns about a bankruptcy filing by Bed Bath & Beyond. The article can be found at https://www.nytimes.com/2023/01/05/business/bed-bath-beyond-bankruptcy.htmlLandlords and creditors who are owed money by BBB, should take appropriate action prior to a bankruptcy filing by BBB. Landlords and creditors who are owed money by BBB should contact a bankruptcy attorney as soon as possible.

FTX customers are reportedly taking huge losses on their outstanding investments so they don't have to wait months for bankruptcy claims

Submitted by Anonymous (not verified) on Tue, 01/03/2023 - 20:39

 Yahoo is reporting that many FTX creditors are selling their Proof of Claims. The story can be found at https://finance.yahoo.com/news/ftx-customers-reportedly-taking-huge-201238856.htmlAt Shenwick & Associates, we helping many clients file Proofs of Claim. Jim Shenwick, Esq   [email protected]  212 541 6224

FTX customers are reportedly taking huge losses on their outstanding investments so they don't have to wait months for bankruptcy claims

Submitted by Anonymous (not verified) on Tue, 01/03/2023 - 20:39

 Yahoo is reporting that many FTX creditors are selling their Proof of Claims. The story can be found at https://finance.yahoo.com/news/ftx-customers-reportedly-taking-huge-201238856.htmlAt Shenwick & Associates, we helping many clients file Proofs of Claim. Jim Shenwick, Esq   [email protected]  212 541 6224

Happy Holiday and a Happy and Healthy New Year to All!

Submitted by Anonymous (not verified) on Wed, 12/21/2022 - 17:04

 Happy Holiday and a Happy and Healthy New Year to all!This year, we received many referrals from friends and colleagues.At Shenwick & Associates, we have been very busy counseling clients with regard to defaulted SBA EIDL loans, advising clients who want to vacate their leased property in Manhattan, and dealing with Good Guy Guaranty issues.Personal bankruptcy filings have increased and we expect more personal bankruptcy filings in 2023 due to the new procedures in place for discharging student loans in chapter 7 bankruptcy, due to “hardship”.
Jim Shenwick

Happy Holiday and a Happy and Healthy New Year to All!

Submitted by Anonymous (not verified) on Wed, 12/21/2022 - 17:04

 Happy Holiday and a Happy and Healthy New Year to all!This year, we received many referrals from friends and colleagues.At Shenwick & Associates, we have been very busy counseling clients with regard to defaulted SBA EIDL loans, advising clients who want to vacate their leased property in Manhattan, and dealing with Good Guy Guaranty issues.Personal bankruptcy filings have increased and we expect more personal bankruptcy filings in 2023 due to the new procedures in place for discharging student loans in chapter 7 bankruptcy, due to “hardship”.
Jim Shenwick

Already slammed by inflation, small businesses struggle to repay COVID-19 disaster loan

Submitted by Anonymous (not verified) on Mon, 12/19/2022 - 22:05

 CBS News has a post titled "Already slammed by inflation, small businesses struggle to repay COVID-19 disaster loans". The post can be found at https://www.cbsnews.com/news/small-businesses-eidl-loans-repayment-infla...

Already slammed by inflation, small businesses struggle to repay COVID-19 disaster loan

Submitted by Anonymous (not verified) on Mon, 12/19/2022 - 22:05

 CBS News has a post titled "Already slammed by inflation, small businesses struggle to repay COVID-19 disaster loans". The post can be found at https://www.cbsnews.com/news/small-businesses-eidl-loans-repayment-infla...

Does My Spouse Have To Pay My Student Loans If I Die?

Submitted by Anonymous (not verified) on Tue, 12/13/2022 - 00:02

 Many clients contact Shenwick & Associates and ask if they are liable for a spouse's debts, particularly student loans.  AOL has an article titled “  Does My Spouse Have To Pay My Student Loans If I Die?” which answers that question and others. The article can be found at https://www.aol.com/finance/does-spouse-pay-student-loans-143003556.html 
Jim Shenwick, Esq.   212 541 6224  [email protected]

Pages