How Filing Bankruptcy Affects Your Business

Are you struggling to pay business debts? Are you feeling the weight and stress of what feels like an endless amount of debt crushing you? Is your business failing to produce enough income to cover expenses? Could your business really benefit from being reorganized? If you are a business owner, filing bankruptcy probably is one of the last things you want to consider. Yet, according to the Small Business Administration (SBA) more than 50% of businesses fail within the first ten years. Unfortunately, filing business bankruptcy is something many business owners need to consider.

How Filing Bankruptcy Affects Your Business

Are you struggling to pay business debts? Are you feeling the weight and stress of what feels like an endless amount of debt crushing you? Is your business failing to produce enough income to cover expenses? Could your business really benefit from being reorganized? If you are a business owner, filing bankruptcy probably is one of the last things you want to consider. Yet, according to the Small Business Administration (SBA) more than 50% of businesses fail within the first ten years. Unfortunately, filing business bankruptcy is something many business owners need to consider.

The potential impact of relief of indebtedness income on settlement agreements

Shenwick & Associates is happy to announce that we have just settled another taxi medallion debt with a favorable result for the client.

WPIX: Cabbies protest congestion pricing fee they now have to charge; it’s killing business, and drivers, they say

MIDTOWN, Manhattan -- It's a proposal that would affect almost every driver in New York City starting in 2021, if it passes the state legislature this year.

However, congestion pricing -- the plan that would charge drivers for driving in the southern third of Manhattan's streets -- has already been in effect for yellow and green cab drivers since February 2.
Many of the drivers say that the added cost is ruining their business. On Wednesday, dozens of cab drivers held a mobile, and very loud, protest against the surcharge outside of Gov. Andrew Cuomo's office.

Mortgages for First Time Military Home Buyers

Consumer Financial Protection Bureau Releases Report on First-Time Military Home Buyers

Is Your Attorney Lazy or Willing To Fight For You?

Most people don’t know that lazy lawyers will not push an insurance company to pay top dollars.

Why Did the Creditor Take My Tax Refund – Arizona Law

Why Was It Legal For a Creditor To Take My Tax Refunds?

“The Dog Eat My Homework” Argument by Chapter 13 Debtor

Debtor failed to do almost everything the law, rules and court requires of a chapter 13 debtor.

“The Dog Ate My Computer” Argument by Chapter 13 Debtor

Chapter 13 Debtor failed to follow the law, rules and court orders

Pages

Subscribe to Bankruptcy Resources RSS