Articles from Shenwick & Associates

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Merchant Cash Advances to Small Businesses and the Risks and Pitfalls of those Loans

Submitted by Anonymous (not verified) on Tue, 11/28/2023 - 17:21

The Daily Record has an article titled "Small business, big target: Predatory lenders take aim at struggling businesses | Civil Litigation". The article concerns Merchant Cash Advances to small businesses and the risks and pitfalls of those loans.
The article can be found at https://nydailyrecord.com/2023/11/27/small-business-big-target-predatory...

Social Security payments could be cut over Student Loan Default

Submitted by Anonymous (not verified) on Mon, 11/20/2023 - 21:15

 Social Security payments could be cut over Student Loan DefaultFox Business has a story detailing how Social Security payments could be cut over student loan defaults. The story can be found at:https://www.foxbusiness.com/personal-finance/social-security-payments-garnished-student-loan-default?utm_source=pocket_mylist

Navigating Bankruptcy: Understanding the Process and Implications

Submitted by Anonymous (not verified) on Thu, 11/02/2023 - 17:05

Big News Network has a very helpful article on Bankruptcy, understanding the implications and process.

WeWork to file for bankruptcy after once being valued at $47B: report

Submitted by Anonymous (not verified) on Wed, 11/01/2023 - 18:01

 The New York Post is reporting that WeWork to file for bankruptcy after once being valued at $47B: report. The story can be found at https://nypost.com/2023/10/31/business/wework-to-file-for-bankruptcy-it-was-once-valued-at-47b/?utm_source=gmail&utm_campaign=android_nyp
Jim Shenwick, Esq  917 363 3391  [email protected] 

How to File for bankruptcy Business Insider Article

Submitted by Anonymous (not verified) on Tue, 10/24/2023 - 19:18

 Business Insider has a very helpful article titled "How to file for bankruptcy ".The article can be found at https://www.businessinsider.com/personal-finance/how-to-file-for-bankruptcyPeople with questions about Jim Shenwick, Esq  917 363 3391  [email protected] 
Please click the link to schedule a telephone call with me.

Student Loan Payments Are Restarting. Here’s What Borrowers Need to Know 10-19-2023

Submitted by Anonymous (not verified) on Thu, 10/19/2023 - 17:19

Student Loan Payments Are Restarting. See the below link for what Borrowers Need to Know https://edtrust.org/resource/student-loan-payments-are-restarting-heres-...
Jim Shenwick, Esq  917 363 3391  [email protected] 
Please click the link to schedule a telephone call with me.

Rite Aid files for bankruptcy amid slowing sales, opioid litigation

Submitted by Anonymous (not verified) on Mon, 10/16/2023 - 17:46

 Rite Aid files for bankruptcy amid slowing sales, opioid litigationThe story can be found at https://www.cnbc.com/2023/10/16/rite-aid-files-for-bankruptcy-amid-slowi...
Jim Shenwick, Esq 917 363 3391 [email protected] 
Please click the link to schedule a telephone call with me.

10 Helpful Tips for Getting Business Loans After Bankruptcy

Submitted by Anonymous (not verified) on Tue, 09/26/2023 - 18:41

10 Helpful Tips for Getting Business Loans After BankruptcySmallBizTrends features an informative article on securing a business loan post-bankruptcy. From our experience, individuals often become more creditworthy after filing for bankruptcy, because their personal balance sheet is improved (liabilities are discharged). and  one can only file for Chapter 7 Bankruptcy once every 8 years. 

What Do the Most Recent Bankruptcy Filing statics mean?

Submitted by Anonymous (not verified) on Thu, 09/21/2023 - 20:53

 What Do the Most Recent Bankruptcy Filing Statics Mean? JDSupra has an interesting article discussing the recent upswing in bankruptcy filings and what the data means.The article can be found at  https://www.jdsupra.com/legalnews/a-look-into-2023-what-do-the-bankruptcy-4316229/

Why Small Businesses Are More Reluctant to File for Chapter 11 by Chicago Booth Review

Submitted by Anonymous (not verified) on Tue, 09/19/2023 - 18:14

Chicago Booth Review has an article on 
Why Small Businesses Are More Reluctant to File for Chapter 11?
The article can be found at https://www.chicagobooth.edu/review/why-small-businesses-are-more-reluctant-file-chapter-11

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