Client Feedback regarding services provided by Shenwick & Associates in a Chapter 7 Bankruptcy Filing March 19, 2021

" Thank you so much. What a journey. It was a pleasure to have you as my attorney!! Thank you thank you thank you.  Best,  Susan"

What is the Average Monthly Payment for Chapter 13 in California?

A Chapter 13 bankruptcy is a reorganization of your debt. The main component of a Chapter 13 bankruptcy is a bankruptcy plan. Your plan will propose what creditors will be paid and how much. One of the first questions anyone filing for Chapter 13 has is, “how much will my monthly plan payment be?” Unfortunately, […]

Stimulus Funds and Bankruptcy

Stimulus money is finally being delivered to families in need across the country! You NEED to know the following before utilizing your funds when you are also filing for bankruptcy:
Why Do You Need to Protect Your Stimulus Funds?
Your creditors know you are receiving these funds. It is likely they will expedite collection actions that can get them access to YOUR MONEY as soon as possible.
Why You Shouldn’t Spend Your Stimulus Funds.

Subchapter V Chapter 11 Debt Limit of $7,500,000 extend for 1 more year to March 27, 2022 Based on House Vote-read post below

In accordance with a bill recently passed by the House, the Chapter 11, Subchapter V Debt Increase from $2,700,00 to $7,500,000 has been extended for another year to March 27, 2022. It was scheduled to expire on March 27, 2021.
Now, the bill heads to the Senate where it is expected to pass.
If you have any questions regarding Subchapter v please contact Jim Shenwick 212 541 6224 [email protected]

Real Estate Closing Checklist for Sellers

Congratulations, you received and accepted an offer to sell your house! Before you can collect the proceeds of your sale, you must close the real estate transaction.

A real estate closing is the transfer of property ownership from the seller to the buyer. This complicated process has many steps and procedural formalities that make up the closing timeline. On average, it takes 30-60 days from when an offer is accepted until the transaction is complete.

Real Estate Closing Checklist for Sellers

Congratulations, you received and accepted an offer to sell your house! Before you can collect the proceeds of your sale, you must close the real estate transaction.

A real estate closing is the transfer of property ownership from the seller to the buyer. This complicated process has many steps and procedural formalities that make up the closing timeline. On average, it takes 30-60 days from when an offer is accepted until the transaction is complete.

A Simple Guide To How NYC Is Screwing Up Giving Debt Forgiveness To Taxi Drivers Jalopnik

This article originally appeared in Jalopnik. A link to the article is below.

https://jalopnik.com/a-simple-guide-to-how-nyc-is-screwing-up-giving-deb...

A Simple Guide To How NYC Is Screwing Up Giving Debt Forgiveness To Taxi Drivers

Raphael Orlove

Understanding the Different Pros and Cons in Bankruptcy Filing

Every individual’s financial condition is different from each other. Struggling with debt and financial problems is complicated. Choosing whether to file for bankruptcy and learning how to file is likewise not an easy decision to make. To decide if bankruptcy is the right option for you, you should consult with Washington & Oregon bankruptcy attorneys. 

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