https://www.crainsnewyork.com/politics/chuck-schumer-and-new-york-electe...

So, you’ve already filed for bankruptcy. With the automatic stay in effect, creditors, especially the abusive ones, wouldn’t be able to bug you. However, it’s inevitable to face renewed financial difficulties soon after emerging from bankruptcy.
If you’re thinking of filing for a second time, you may want to learn about the governing rules on repeat filings. It’s because you can lose the automatic stay for multiple bankruptcy filings.

Readers of our posts are aware that at Shenwick & Associates we do personal and business bankruptcy filings and workouts for many clients. In addition, we review settlement agreements for clients so that the settlement payments are not captured by section 547 of the Bankruptcy Code as a preference (also known as "preference proofing a settlement agreement").

CFPB Estimates $88 Billion in Medical Bills on Credit ReportsPrepared Remarks of Director Rohit Chopra on New CFPB Medical Debt Report
By Rohit Chopra – MAR 01, 2022 (reprint)

“We are grateful for all the kindness and respect they showed us in handling our case to completion. ” T.D. and R.I.

Bustle reports that actor Andrew Garfield claims bankruptcy was one of the best things that has ever happened to his family.
His roles in The Social Network and The Amazing Spiderman brought Garfield fame and success, but his family had not always been so financially fortunate. Garfield looks back on those finacial struggles and views them in a somewhat positive light because he and his family were fortunate enough to learn important life lessons came from those struggles.

 CBS News (link below) has an article about impact of Omicron virus on restaurants. https://www.cbsnews.com/amp/news/restaurants-closing-2022-without-aid-re...At Shenwick & Associates we have been working with many restaurants whose business has been impacted by Omicron and the guarantors of those leases. Jim Shenwick 212 541 6224 [email protected]

 Harold Israel, Esq.  at Levenfeld Pearlstein, LLC is reporting that the Sub V Bankruptcy Debt limits, which had been temporarily increased to $7,500,000.00, are posed to be made permanent.
The article can be found at https://lnkd.in/dYQBsFEy

A detailed article about Subchapter V bankruptcy can be found at our blog at:

 https://patch.com/new-york/new-york-city/hundreds-taxi-medallions-repossessed-despite-rescue-deal-ended-hunger-0

 https://www.forbes.com/advisor/debt-relief/types-of-bankruptcies/