ABC has a very helpful article about "Student loan forgiveness update: What borrowers need to know after federal court struck down program". The article can be found at https://abc7ny.com/will-student-loans-be-forgiven-biden-forgiveness-loan-update/12451011/
Jim Shenwick, Esq   917 363 3391  [email protected]

WCNC has an article titled "Better to connect-What small business owners need to know about repaying loans tied to pandemic relief from the SBA"  EIDL Loans. SBA EIDL loan repayment begin this month!

 Forbes has an article about the consequences of filing for personal bankruptcy. The article can be found at   https://www.forbes.com/advisor/debt-relief/bankruptcy-consequences/Individuals with questions about personal bankruptcy can contact Jim Shenwick Esq.   [email protected]   917 363 3391

 When a bankruptcy petition is filed, section 362(a) of the Bankruptcy Code states that the bankruptcy petition provides a stay on the commencement or continuation of an action or proceeding against the debtor.An "Automatic Stay" provides relief to the debtor by stopping all litigation and collection efforts against him, giving him pause and time to reorganize his finances.After bankruptcy filing, creditors who wish to continue litigation against the debtor must file a motion to lift the stay in Bankruptcy Court.

 Yahoo is reporting that in October Individual Chapter 13 Bankruptcies Increase 27 Percent Over Last Year. The article can be found at https://lnkd.in/erj-t-4m
Jim Shenwick, Esq [email protected] 917 363 3391

 THE CFO website has a very useful article on restructuring businesses. The article is titled: 6 Steps to Prepare for the Next Restructuring Wave
It can be found at:https://www.cfo.com/budgeting-planning/strategy-budgeting-planning/2022/...
Jim Shenwick, Esq [email protected] 917 363 3391

 Fox Rothchild has published an article regarding the standard for dismissal of an individual’s Chapter 7 case based on the Debtor’s pre-petition bad faith behavior. The article can be viewed at https://www.jdsupra.com/legalnews/is-prepetition-bad-faith-cause-for-45603/
Jim Shenwick, Esq. [email protected] 917 363 3391