Blogs

2 years 8 months ago

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 […]
The post Once Up an Time: A Chapter 13 Story by Robert Weed appeared first on Northern VA Bankruptcy Lawyer Robert Weed.


2 years 8 months ago

 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...
When I began practicing bankruptcy law, student loan debt was dischargeable like credit cards and other debts. Subsequently that law was changed to the detriment of many debtors. Jim
Jim Shenwick, Esq [email protected] 212-541-6224


2 years 8 months ago

 If You Defaulted on Student Loans, The Fresh Start Program Offers a Second Chance. See the article at Forbes https://www.forbes.com/advisor/student-loans/fresh-start/
Jim Shenwick, Esq. [email protected] 212 541 6224


2 years 8 months ago

five-star“She helped me understand why and how certain steps were necessary… N.G..
BANKRUPTCYI greatly appreciated Diane’s thoroughness and ability to explain the process. She helped me understand why and how certain steps were necessary which reassured me that this was the right decision to make and that Diane and her office were the right choice. N.G.
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The post Diane Helped Me Understand the Process appeared first on Law Office of D.L. Drain, P.A., Arizona Bankruptcy Lawyer.


2 years 8 months ago

 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


2 years 8 months ago

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


2 years 8 months ago

 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


2 years 9 months ago

 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


2 years 9 months ago

 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


2 years 9 months ago

 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


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