CNBC has a very helpful article about personal bankruptcy. The article titled:"If you’re facing bankruptcy, here’s what experts say to do before, during and after you file" can be found at https://www.cnbc.com/2022/08/14/what-experts-say-to-do-before-during-and-after-filing-for-bankruptcy.html
Jim Shenwick, Esq. 212 541 6224 [email protected]

 Forbes' has an article titled Medical Bankruptcies: Can You File For Bankruptcy Over Medical Bills? The article can be found at https://www.forbes.com/advisor/debt-relief/medical-bankruptcies/
The short answer is yes, medical and hospital bills can be "discharged" in bankruptcy. We have discharged hundred's of thousand of dollars in medical bills in bankruptcy for our clients!

Losing the Automatic Stay: A Quick Summary
Filing for bankruptcy may be the solution when you want creditors to stop hounding you. The automatic stay stops any collection efforts, including but not limited to foreclosures, harassing phone calls, and lawsuits. However, repeated filings over the course of a year raise red flags that the bankruptcy system is being manipulated. If this is your second time or third time filing bankruptcy this year, you will need to show good faith in your bankruptcy petition if you want the automatic stay to stand.

 Legal Desire has an article on "5 Benefits And Drawbacks Of Filing For Chapter 7 Bankruptcy. The article can be found athttps://legaldesire.com/5-benefits-and-drawbacks-of-filing-for-chapter-7...
Individuals with questions about chapter 7 bankruptcy can contact Jim Shenwick, Esq 212-541- 6224 [email protected]

Taking effect on September 22, 2022, the Michigan Uniform Assignment of Rents Act (MUARA) will impact tenants’ rights in situations where landlords default on their loans. This Act also strengthens lenders’ rights, under certain circumstances, to appoint receivers to collect rent payments if one of their borrowers defaults on a loan secured by an income-producing property.

Taking effect on September 22, 2022, the Michigan Uniform Assignment of Rents Act (MUARA) will impact tenants’ rights in situations where landlords default on their loans. This Act also strengthens lenders’ rights, under certain circumstances, to appoint receivers to collect rent payments if one of their borrowers defaults on a loan secured by an income-producing property.

 Forbes.com has a timely article on Student Loan Forgiveness: 5 Major Takeaways From New Plan To Cancel Student Debt.The article can be found at https://lnkd.in/ek5ps_Vq
Jim Shenwick, Esq.

 Uber Embodies the Post-Covid Inflationary Economy 
The story can be found at https://www.bloomberg.com/opinion/articles/2022-08-02/uber-revenue-doubles-shares-surge-amidst-record-inflation
Jim Shenwick, Esq.  212 541 6224  [email protected]

 The United States Attorney's Office District of Colorado, issued a press release about "Florida Woman Sentenced to 19 Months in Prison for Submitting Fraudulent EIDL and PPP Applications in $865K Wire Fraud Scheme" the article can be found at https://lnkd.in/eEhpdz9m
Jim Shenwick, Esq 212 541 6224 [email protected]

In Gunsalus v. County of Ontario, 37 F. 4th 859 (2d Cir, 6/27/22) the Second Circuit recently held that a deed issued pursuant to a New York real estate tax lien foreclosure can be attacked and set aside by a Chapter 13 debtor as a fraudulent transfer when “reasonably equivalent value” is not received for Read More