Submitted by Anonymous (not verified) on Mon, 08/06/2018 - 20:18
By Emma G. Fitzsimmons and Aaron Robertson As New York City weighs new regulations for Uber and other ride-hail companies, a group that is often overlooked has entered the spotlight: the thousands of drivers who ferry New Yorkers across the city every day.
Submitted by Anonymous (not verified) on Mon, 08/06/2018 - 19:46
By Tara Siegel Bernard For a rapidly growing share of older Americans, traditional ideas about life in retirement are being upended by a dismal reality: bankruptcy.
Submitted by Anonymous (not verified) on Mon, 08/06/2018 - 19:24
Facing a new regulatory crackdown that they say will severely impact their business, Uber and Lyft made an unusual proposal to New York City’s government: stand down, and in exchange we’ll bail out struggling yellow taxi drivers. The response was a polite no thanks.
Submitted by Anonymous (not verified) on Sun, 08/05/2018 - 18:42
How a cheap car payment can help you on the bankruptcy means test. The 2005 Bankruptcy law, known BAPCPA or sometimes BARF, was designed to make bankruptcy much more painful for families making over the average income in each state. For Virginia, in the summer of 2018, that’s $103,549 for a family of 4. Or […]
Submitted by Anonymous (not verified) on Wed, 08/01/2018 - 19:44
One of the most common questions that we’re asked by clients who own “underwater taxi medallions” (where the value of the medallions is less than the amount of the loan secured by the medallions) that are owned by a corporation or a LLC is if we can “cram down” the taxi medallion loan in a chapter 11 bankruptcy filing. “Cram down” means that the bank/secured lender is required to accept less than full repayment of their loan.
Submitted by Anonymous (not verified) on Mon, 07/30/2018 - 22:02
By Dan Rivoli and Jillian Jorgensen The City Council will once again explore capping the number of vehicles driving for Uber and similar app-based taxi services in New York City streets — beginning with a yearlong ban on issuing new licenses for most for-hire cars.
Submitted by Anonymous (not verified) on Fri, 07/27/2018 - 16:55
News outlets are starting to report that real estate values may be beginning to drop. ” ‘Anything goes’ list-price strategy no longer working,” says a headline in CNBC news.
Sales of all homes — new and existing — fell in June to the lowest level since last year. Mortgage applications have fallen, and so has construction of single family homes.
Whereas sellers were seeing ten to fifteen offers at the beginning of this year, that number is dropping to about half of that, realtors say.