Blogs
What type of student loans qualify for up to $20,000 of forgiveness under the Biden Plan? These student loan types qualify for up to $20,000 of forgiveness under Biden's planhttps://www.businessinsider.com/personal-finance/which-loans-qualify-student-loan-forgiveness-2022-9
Jim Shenwick, Esq[email protected]212 541 6224
The Second Circuit recently announced a bright-line rule about the triggering of protections afforded by the bankruptcy Automatic Stay, holding that as long as the debtor is named as a party in a lawsuit, such as a foreclosure, the automatic stay applies to any attempted continuation of the lawsuit, and to the enforcement of any judgment Read More
According to the NY Post New York has fourth-highest household debt in US — and it’s getting worse. https://nypost.com/2022/09/23/new-york-has-fourth-highest-household-debt-in-us-and-its-rising/?utm_source=gmail&utm_campaign=android_nypAs debt increases, expect personal bankruptcy filings and business closings to increase.
Jim Shenwick, Esq. [email protected] 212 541 6224
Bankrate has a very helpful article about how to keep your car after you file for bankruptcy. The article titled "Keeping your car in bankruptcy" can be found at https://www.bankrate.com/personal-finance/debt/keeping-your-car-in-bankruptcy/
At Shenwick & Associates we have filed many personal bankruptcy petitions for clients who have kept their cars and gotten a discharge!
Jim Shenwick, Esq [email protected] 212 541 6224
Forbes is reporting that 40 million Americans will benefit from Biden's proposed student loan forgiveness. The article titled 40 Million Borrowers Will Receive Student Loan Forgiveness Under Biden’s New Plan, Says White House can be found at https://www.forbes.com/sites/adamminsky/2022/09/20/40-million-borrowers-will-receive-student-loan-forgiveness-under-bidens-new-plan-says-white-house/?sh=c7f6ed810cf7
Jim Shenwick Esq. [email protected] 212 541 6224
So can cannabis companies file for chapter 11 bankruptcy protection? The answer generally is No! See interesting article on this topic at JD Supra at https://www.jdsupra.com/legalnews/does-involvement-in-the-cannabis-7364049/?origin=CEG&utm_source=CEG&utm_medium=email&utm_campaign=CustomEmailDigest&utm_term=jds-article&utm_content=article-link
Jim Shenwick, Esq. [email protected] 212 541 62224
Marian Saves Her House from Reverse Mortgage Foreclosure: She Filed Chapter 13 and Got Fairfax Senior Citizen Tax Relief Before her husband died, Marian had taken out a reverse mortgage on her home. That way, they hoped, she wouldn’t have a house payment and she’d never have to worry about having a place to live. […]
The post Chapter 13 and Tax Relief for Seniors Save Marian’s House by Robert Weed appeared first on Northern VA Bankruptcy Lawyer Robert Weed.
Marian Saves Her House from Reverse Mortgage Foreclosure: She Filed Chapter 13 and Got Fairfax Senior Citizen Tax Relief Before her husband died, Marian had taken out a reverse mortgage on her home. That way, they hoped, she wouldn’t have a house payment and she’d never have to worry about having a place to live. […]
The post Chapter 13 and Tax Relief for Seniors Save Marian’s House by Robert Weed appeared first on Northern VA Bankruptcy Lawyer Robert Weed.
Restaurant owners be careful about not paying your employees! News 12 has an article titled New Rochelle restaurant owner sentenced for not paying his employees. The article can be found at https://bronx.news12.com/new-rochelle-restaurant-owner-sentenced-for-not-paying-his-employees
Restaurant owners who do not pay their employees can be subject to federal and state lawsuits and class actions be their employees for wage and hour claims litigation.
At Shenwick & Associates we have represented many restaurant owners and assisted them in closing their restaurants (legally) and filing for bankruptcy. Jim Shenwick, Esq [email protected] 212 541 6224
The Patch has an article about IRS penalty relief. The article is titled "IRS Offers $1.2B In Penalty Relief; Tardy Taxpayers Must Act Quickly".The article can be found at https://patch.com/us/across-america/irs-offers-1-2b-penalty-relief-tardy-taxpayers-must-act-quickly
Jim Shenwick, Esq [email protected] 212 541 6224
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