Business Insider has an article about student loan relief. The article is titled: 7.5 million student-loan borrowers are getting a fresh shot at debt relief. Here's how to know if you qualify.  The article can be found at https://lnkd.in/eEsuDwqv

“ She took her time to answer every single one of my questions and guided me how to go about resolving my issue” Mauro Rodriguez

Based on a story in the Business Insider, referencing a Washington Post article, 7.5 million student-loan borrowers in default will have 1 year after the payment pause expires to enroll in a program that returns them to good standing. The Business Insider story can be found at: https://www.businessinsider.com/student-loan-borrowers-default-fresh-start-payment-pause-biden-education-2022-8

 The Journal of Accountancy has reported that President Biden signed two Bills, extending the statute of limitation for prosecuting PPP & EIDL fraud to 10 years from the date when the offense was committed.The bills are:H.R. 7352, the "PPP and Bank Fraud Enforcement Harmonization Act of 2022," and H.R.

The New York Times has an article in today's paper titled "Prosecutors Struggle to Catch Up to a Tidal Wave of Pandemic Fraud"  The article can be found at https://www.nytimes.com/2022/08/16/business/economy/covid-pandemic-fraud.htmlAt Shenwick & Associates we are getting telephone calls and emails from clients who have defaulted on their EIDL l

 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.