Articles from Shenwick & Associates

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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

City council proposes overhaul of taxi medallion industry

Submitted by Anonymous (not verified) on Thu, 06/20/2019 - 23:33

To view an interesting article about proposed City council actions to overhaul the taxi medallion industry please see NY Post article below. Jim Shenwick

New York Post Article on City Council Proposed Overhaul of Taxi Medallion Industry

Student Loans in Bankruptcy: What’s on the Horizon?

Submitted by Anonymous (not verified) on Thu, 06/20/2019 - 23:27

An excellent article on student loans and bankruptcy. Please review below. Jim Shenwick

Student Loans in Bankruptcy: What’s on the Horizon?

Taxi Drivers to get 10 Million Dollar Break-TOO LITTLE TOO LATE

Submitted by Anonymous (not verified) on Thu, 06/20/2019 - 23:25

Taxi Drivers to get 10 Million Dollar Break and Lone Safeguards, reported by New York Times on June 12, 2019-IS THIS RELIEF TOO LITTLE TOO LATE!
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The New York Times reported on June 12th 2019, that's facing ruin, taxi drivers to get 10 million dollar break and lone safeguards.
While 10 million dollars sounds like a lot of money, in this author's opinion, that 10 million dollar break & loan safeguard will have little impact or benefit to the average Taxi Medallion owner, who owns an “under water” taxi medallion.

Crain's New York Business: The real killers of taxi medallions

Submitted by Anonymous (not verified) on Tue, 06/04/2019 - 20:09

By Sergio Cabrera and Carolyn Protz

ZeroHedge: Debt-Laden Americans Flee Country To Escape Crushing Student Loans

Submitted by Anonymous (not verified) on Tue, 06/04/2019 - 20:06

By Tyler Durden

Faced with crushing student loans and little ability to repay them, some Americans have taken to fleeing the country in order to escape their debt, according to CNBC's Annie Nova.

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