Articles from Shenwick & Associates

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Business Bankruptcies Soar in August as Rising Interest Rates Bite

Submitted by Anonymous (not verified) on Mon, 09/11/2023 - 19:22

 Bloomberg is reporting that Business Bankruptcies Soar in August as Rising Interest Rates Bite.The article can be found at https://www.bloomberg.com/news/articles/2023-09-05/businesses-bankruptcies-soar-in-august-as-interest-rates-bite?embedded-checkout=true

Credit card and car loan defaults hit 10-year high as inflation squeezes families

Submitted by Anonymous (not verified) on Tue, 09/05/2023 - 23:43

 Credit card and Car loan defaults hit 10-year high as inflation squeezes Families

What you should know about chapter 7-bankruptcy Chiang Rai Times

Submitted by Anonymous (not verified) on Mon, 08/28/2023 - 19:45

 Chiang Rai Times has an interesting article about Chapter 7 Bankruptcy. The article can be found at https://www.chiangraitimes.com/learning/what-you-should-know-about-chapter-7-bankruptcy/

How often can you file for bankruptcy? Business Insider

Submitted by Anonymous (not verified) on Fri, 08/25/2023 - 20:53

 Business Insider has a very informative article about how often a person can file for Bankruptcy.The article can be found at https://www.businessinsider.com/personal-finance/how-often-can-you-file-for-bankruptcy
Individuals with questions about personal bankruptcy should contact Jim Shenwick, Esq

Here's What Happens When Your Small Business Files for Bankruptcy Motley Fool

Submitted by Anonymous (not verified) on Tue, 08/15/2023 - 20:07

 Here's What Happens When Your Small Business Files for Bankruptcy  by Motley Fool. The article can be found at https://www.fool.com/the-ascent/small-business/articles/heres-what-happens-when-your-small-business-files-for-bankruptcy/
Jim Shenwick, Esq  917 363 3391  [email protected] 
Please click the link to schedule a telephone call with me.

What happens to your Student Loans if you file bankruptcy? Marca.com

Submitted by Anonymous (not verified) on Mon, 08/14/2023 - 22:35

 What happens to your Student Loans if you file bankruptcy? See the article at Marca.com, it can be found athttps://www.marca.com/en/lifestyle/us-news/personal-finance/2023/08/12/6...
Jim Shenwick, Esq  917 363 3391  [email protected] 
Please click the link to schedule a telephone call with me.

Discharging Student Debt in Bankruptcy Is Supposed to Be Easier Than Before New York Times

Submitted by Anonymous (not verified) on Fri, 08/11/2023 - 17:45

Discharging Student Loans in Bankruptcy.The New York Times has an article titled "Discharging Student Debt in Bankruptcy Is Supposed to Be Easier Than Before"about new processes to discharge student loans in Bankruptcy.  The article can be found at
https://www.nytimes.com/2023/08/09/your-money/student-loan-bankruptcy-di...
Jim Shenwick, Esq  917 363 3391  [email protected] 

WeWorks-The co-working company has declared that its ability to endure as a business is in doubt

Submitted by Anonymous (not verified) on Thu, 08/10/2023 - 20:52

The New York Times has reported that WeWork, the co-working company, has declared that "its ability to endure as a business is in doubt. The article can be found at https://www.nytimes.com/2023/08/09/business/wework-explain.htmlThis suggests that WeWork might be considering filing for bankruptcy. In this case, the company would either attempt to reorganize or liquidate.

US credit card debt surges to more than $1 trillion for first time ever as reported by NY Post

Submitted by Anonymous (not verified) on Wed, 08/09/2023 - 17:13

US credit card debt surges to more than $1 trillion for first time ever.  
See the full story at https://nypost.com/2023/08/08/us-credit-card-debt-surges-to-more-than-1-...Credit card debt of this magnitude may indicate more bankruptcy filings in the future. 

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