Bills have been introduced in Congress to amend the bankruptcy laws. An excellent article discussing the proposed law titled "Consumer Bankruptcy Overhaul Envisioned in New Bill: Explained" can be found at https://news.bloomberglaw.com/bankruptcy-law/consumer-bankruptcy-overhau...
James Shenwick, Esq [email protected] 212-541-6224

“Diane has many years of experience and is honest and it shows…” J.C.

WUFT is reporting that virtually all PPP loans have been forgiven with limited scrutiny. The article can be found at https://www.wuft.org/nation-world/2022/10/12/virtually-all-ppp-loans-hav....
Jim Shenwick, Esq 212-541-6224 [email protected]

 Yahoo is reporting an increase in bankruptcy filings. The story titled "Year-over-year U.S. Bankruptcy Filings Increase for Second Consecutive Month in September 2022" can be found at https://www.yahoo.com/now/over-u-bankruptcy-filings-increase-161100672.html

 EIDL Loan Default Questions & Answers
As many readers  of our blog posts know, at Shenwick &Associates we are representing many individuals and companies that have defaulted on  Economic Injury Development Loans (EIDL) from the SBA.Below are commonly asked questions and answers that we have been asked regarding EIDL  loan defaults.

If you are considering filing for personal bankruptcy, you may be feeling overwhelmed and intimidated by the process. Whether you are confused about the types of bankruptcy or are not sure how to proceed with the chapter you have chosen, there are lots of questions you may have. Before you begin, here are a few+ Click Here For Read More

If you are considering filing for personal bankruptcy, you may be feeling overwhelmed and intimidated by the process. Whether you are confused about the types of bankruptcy or are not sure how to proceed with the chapter you have chosen, there are lots of questions you may have. Before you begin, here are a few+ Read More

Once up a time: Widow Anna saves her house and clears her debt with Chapter 13. Once up a time, an elderly widow named Anna needed to replace the HVAC in her townhouse. Her air conditioning broke down and she needed to fix it. Anna was poor.  She had $1404 monthly from her retirement and […]

Once up a time: Widow Anna saves her house and clears her debt with Chapter 13. Once up a time, an elderly widow named Anna needed to replace the HVAC in her townhouse. Her air conditioning broke down and she needed to fix it. Anna was poor.  She had $1404 monthly from her retirement and […]

 Democrats Push to Lift Ban on Student Loan Bankruptcy ReliefLegislation has been proposed in the House and Senate that updates the federal bankruptcy code to ensure student loan debt is treated like almost every other form of consumer debt that can be discharged during bankruptcy. The story can be found athttps://www.commondreams.org/news/2022/10/06/democrats-push-lift-ban-stu...