For years, healthcare has been a major subject of discussion in the United States. Costs are ever-increasing, and many claim there is no clear solution, while others propose very different solutions to the problem. But it should come as no surprise that medical debt has become a larger and larger factor leading to bankruptcy, according [...]
TR
TR
It is one of the oddities of life: a business can file for Chapter 11 and remain respectable, while those who file for Chapter 7 or 13 are ashamed and embarrassed. Is bankruptcy really something to be embarrassed about, and is there a difference between a corporate bankruptcy and a personal one? The main reason [...]
TR
Many people are confused about the difference between a charge-off and a bankruptcy discharge. What is the difference, and which one is better? A charge-off occurs when your creditor, usually the bank with which you have your credit card, declares that your debt is unlikely to be collected. The bank has, after assessing your situation, [...]
TR
Chapter 13 bankruptcy in Arizona is a long-term commitment. For those who successfully complete the process of the three-to-five year plan, a discharge of remaining debt awaits, as well as the peace of mind of having paid off a chunk of their secured, non-dischargeable debt while keeping any asset they really wanted to keep. But [...]
TR
Many people are confused about the difference between a charge-off and a bankruptcy discharge. What is the difference, and which one is better? A charge-off occurs when your creditor, usually the bank with which you have your credit card, declares that your debt is unlikely to be collected. The bank has, after assessing your situation, [...]
TR
Chapter 13 bankruptcy in Arizona is a long-term commitment. For those who successfully complete the process of the three-to-five year plan, a discharge of remaining debt awaits, as well as the peace of mind of having paid off a chunk of their secured, non-dischargeable debt while keeping any asset they really wanted to keep. But [...]
TR
A Chapter 13 plan often sounds like a great idea at the time you file for bankruptcy. But three to five years is a long time, and it is not uncommon for people to lose their jobs or face other financial hardships during that time. If you lose your job during the course of your [...]
TR
For years, healthcare has been a major subject of discussion in the United States. Costs are ever-increasing, and many claim there is no clear solution, while others propose very different solutions to the problem. But it should come as no surprise that medical debt has become a larger and larger factor leading to bankruptcy, according [...]
TR
It is one of the oddities of life: a business can file for Chapter 11 and remain respectable, while those who file for Chapter 7 or 13 are ashamed and embarrassed. Is bankruptcy really something to be embarrassed about, and is there a difference between a corporate bankruptcy and a personal one? The main reason [...]
SH
As the weather turns colder here in midtown Manhattan, we at Shenwick & Associates wanted to take this time to wish you a happy, safe and warm holiday season and a very happy and healthy 2013. We also wanted to thank you for your friendship, your business, your referrals and your trust in us. Personal bankruptcy, business bankruptcy litigation, short sales, real estate closings and our emerging student loan debt practice continue to keep us busy as 2012 draws to a close! We're here for you now and in the upcoming year, and we look forward to working with you.