Articles from Shenwick & Associates

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Lack of Drivers, NYC Workers Leads to Yellow Cab Shortage during COVID Pandemic

Submitted by Anonymous (not verified) on Wed, 08/11/2021 - 23:15

Provided below is a link to an article at ABC discussing the shortage of Yellow Cabs in Manhattan. https://abc7ny.com/taxi-shortage-cab-delta-variant-covid/10930021/

A New Bipartisian Bill is Introduced in Congress to Allow the Discharge of Student Loans in Bankruptcy After 10 Years

Submitted by Anonymous (not verified) on Wed, 08/04/2021 - 16:52

The FRESH START Through Bankruptcy Act of 2021Durbin/Cornyn FRESH START would:-Make Federal Student Loans Eligible for Discharge in a Bankruptcy Proceeding ten years after thefirst loan payment is due.- As part of the bankruptcy proceedings, certain colleges and universities  who receive a certain amount of federally backed student loans, would be required to repay a portion of discharged federal student loans to the taxpayer, in a new cost-sharing structure.- Retain the Existing Undue Hardship Option for private student loans and for federal student loans thathave been due fo

A Mortgage on a House and a Subsequently Filed Tax Lien-which lien has priority the bank or the IRS?

Submitted by Anonymous (not verified) on Thu, 07/29/2021 - 16:29

 A Mortgage on a House and a Subsequently Filed Tax Lien-which lien has priority the bank or the IRS?   This is a question that clients often ask us.  
The typical scenario is that a couple buys a house, and then due to financial difficulties, they are unable to pay their taxes, and the IRS files a lien against the house.
There is concern from the clients and they ask what takes priority, the tax lien or the mortgage?

You Can't Find a Cab. Uber Prices Are Soaring. Here's Why. New York Times https://www.nytimes.com/2021/06/15/nyregion/uber-prices-rise-yellow-taxis.html

Submitted by Anonymous (not verified) on Tue, 06/15/2021 - 22:28

 You Can’t Find a Cab. Uber Prices Are Soaring. Here’s Why.The number of drivers and for-hire cars on the streets plunged during the pandemic, frustrating those seeking rides as the city starts to recover.

    Recommendation from a Former Client regarding a Chapter 7 Bankruptcy Filing

    Submitted by Anonymous (not verified) on Wed, 06/09/2021 - 17:19

    " I retained Jim Shenwick from a recommendation from another attorney. All I can say is, Jim is a  Professional! Jim got me to relax by taking full ownership of my bankruptcy situation and made the whole process easy for me! Jim and his team went above and beyond to get the job done. I highly recommend Jim"            E___ B___ A___  

    Inc Small Businesses and Debtor Collectors

    Submitted by Anonymous (not verified) on Fri, 05/21/2021 - 21:20

    This article appeared in Inc. and can be found at: https://www.inc.com/diana-ransom/subchapter-v-bankruptcy-reorganization-...

    Review of Jim Shenwick/Shenwick & Associates from a Client

    Submitted by Anonymous (not verified) on Thu, 05/20/2021 - 17:57

     
    Iman Five StarsJames promised me he would make one of the toughest experiences easy, and he did precisely that. Listen to James, the man knows.

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