Articles from Shenwick & Associates

Primary tabs

May 2019 TLC medallion sales data and analysis by Jim Shenwick

Submitted by Anonymous (not verified) on Tue, 06/25/2019 - 15:04

The May 2019 TLC medallion sales data has posted and there were approximately 37 transfers, 27 transfers were the result of foreclosures. Of the non-foreclosure transfers the prices ranged from a low of $100,00 to a high of $230,000, with an average price of approximately $168,000. A couple of points to consider: 1. 73% of the transfers were a result of foreclosures, which indicate that many medallion owners are abandoning their “under water” medallions to their banks, 2. Sales volume remains low and 3. Medallion prices continue to fall and remain low.

James Shenwick presented a Continuing Legal Education (CLE) class at World Wide Land Transfer on May 7, 2019-his outline for the presentation is below

Submitted by Anonymous (not verified) on Mon, 06/24/2019 - 00:22

“PERSONAL BANKRUPTCY IN 2019”
 OUTLINE FOR PRESENTATION AT WORLD WIDE LAND TRANSFER
122 EAST 42ND STREET, SUITE 620
NEW YORK, NY 10168
PHONE: (212) 541-6224
FAX: (646) 218-4600
E-MAIL: [email protected]

The goal of this presentation is to discuss issues and the law regarding filing for personal
bankruptcy in NYS in 2019.

Student Loans and Bankruptcy Filings

Submitted by Anonymous (not verified) on Thu, 06/20/2019 - 23:36

According to a recent Business Insider article many  bankruptcies are being driven by student loan debt.  See the link below. Jim Shenwick

https://www.businessinsider.com/people-filing-for-personal-bankruptcy-carry-student-loan-debt-2019-6

Pages