Articles from Shenwick & Associates

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WSJ: U.S. Household Debts Hit Record High in First Quarter

Submitted by Anonymous (not verified) on Wed, 05/17/2017 - 19:40

By Ben Leubsdorf

The total debt held by American households reached a record high in early 2017, exceeding its 2008 peak after years of retrenchment in the face of financial crisis, recession and modest economic growth.

The milestone, announced Wednesday by the Federal Reserve Bank of New York, was a long time coming.

Taxi medallion litigation updated

Submitted by Anonymous (not verified) on Tue, 05/09/2017 - 19:20

In our continuing posts about issues related to the decrease in the value of taxi medallions in New York City, this month we are covering two lawsuits regarding the dramatic drop in taxi medallion values. The first lawsuit involves two taxi medallion owners who have filed lawsuits against the New York City and the Taxi and Limousine Commission (“TLC”).

New York City tax medallions continued

Submitted by Anonymous (not verified) on Thu, 04/27/2017 - 18:24

Our February post on taxi medallions and their significant loss in value generated much reader interest. In this month’s email, we’ll update readers on taxi medallions and related issues.

New York City taxi medallions continued

Submitted by Anonymous (not verified) on Thu, 04/27/2017 - 18:24

Our February post on taxi medallions and their significant loss in value generated much reader interest. In this month’s email, we’ll update readers on taxi medallions and related issues.

NY Times: Workers Find Winning a Wage Judgment Can Be an Empty Victory

Submitted by Anonymous (not verified) on Mon, 04/17/2017 - 18:27

By SARAH MASLIN NIR
The sign above Soft Touch Car Wash on Broadway in the Inwood neighborhood of Manhattan declares, “Open 24 hours,” but last month the bustling carwash suddenly closed. It was the same at the four other carwashes owned by the same family in New York City and the surrounding area: the phone lines disconnected, the hoses and wash mops idle and dry.

We've moved!

Submitted by Anonymous (not verified) on Tue, 03/14/2017 - 21:11

We are pleased to announce that we've moved to a new location near Grand Central Terminal.  Our new address is: Shenwick & Associates, 122 East 42nd Street, Suite 620, New York, NY 10168.  Please update your records accordingly.

Our phones and e-mail addresses remain the same.  We look forward to continuing to serve you from our new location!

UPI: U.S. household debt near record levels, Federal Reserve report says

Submitted by Anonymous (not verified) on Tue, 02/21/2017 - 19:06

By Ed Adamczyk 

Feb. 17 (UPI) -- Total U.S. household debt climbed to a near-record $12.58 trillion by the end of 2016, a Federal Reserve Bank of New York report says.

Strategies for student loans in bankruptcy

Submitted by Anonymous (not verified) on Wed, 01/25/2017 - 19:52

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