Articles from Shenwick & Associates

Client Feedback regarding services provided by Shenwick & Associates in a Chapter 7 Bankruptcy Filing March 19, 2021

" Thank you so much. What a journey. It was a pleasure to have you as my attorney!! Thank you thank you thank you.  Best,  Susan"

Subchapter V Chapter 11 Debt Limit of $7,500,000 extend for 1 more year to March 27, 2022 Based on House Vote-read post below

In accordance with a bill recently passed by the House, the Chapter 11, Subchapter V Debt Increase from $2,700,00 to $7,500,000 has been extended for another year to March 27, 2022. It was scheduled to expire on March 27, 2021.
Now, the bill heads to the Senate where it is expected to pass.
If you have any questions regarding Subchapter v please contact Jim Shenwick 212 541 6224 [email protected]

A Simple Guide To How NYC Is Screwing Up Giving Debt Forgiveness To Taxi Drivers Jalopnik

This article originally appeared in Jalopnik. A link to the article is below.

https://jalopnik.com/a-simple-guide-to-how-nyc-is-screwing-up-giving-deb...

A Simple Guide To How NYC Is Screwing Up Giving Debt Forgiveness To Taxi Drivers

Raphael Orlove

AG Letitia James won’t sue NYC over taxi medallion debt

This article originally appeared in politicalsay on February 19, 2021 at https://politicsay.com/ag-letitia-james-wont-sue-nyc-over-taxi-medallion...

AG Letitia James won’t sue NYC over taxi medallion debt

Student Loan Forgiveness Myths

This article originally appeared on Forbes on February 16, 2021 the article can be found at:
https://www.forbes.com/sites/markkantrowitz/2021/02/16/student-loan-forg...

Student Loan Forgiveness Myths

Bankruptcy Subchapter V Debt Limits

 In February 2020, Congress passed a new law establishing a new small business bankruptcy filing subchapter, known as “Subchapter V”.

FICO and Personal Bankruptcy

 FICO and Personal Bankruptcy

New York State Uniform Voidable Transactions Act

New York has adopted a new  Uniform Voidable Transactions Act (“NYUVTA”), to replace New York State’s existing fraudulent conveyance law, which was over 100 years old.NYUVTA is effective as of April 4, 2020. Transfers that occurred prior to April 4, 2020 are governed by NYS former fraudulent conveyance law.NYUVTA can be found at N.Y. Debt. & Cred.

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