Wednesday, August 17, 2022

PPP & EIDL Fraud

 The Journal of Accountancy has reported that President Biden signed two Bills, extending the statute of limitation for prosecuting PPP & EIDL fraud to 10 years from the date when the offense was committed.

The bills are:

H.R. 7352, the "PPP and Bank Fraud Enforcement Harmonization Act of 2022," and H.R. 7334, the "COVID-19 EIDL Fraud Statute of Limitations Act of 2022"

A detailed article on these bills can be found at https://www.journalofaccountancy.com/news/2022/aug/bills-extend-statute-limitation-prosecuting-ppp-eidl-fraud.html


Jim Shenwick, Esq. jshenwick@gmail.com 212 541 6224


Tuesday, August 16, 2022

Prosecutors Struggle to Catch Up to a Tidal Wave of Pandemic Fraud for PPP and EIDL Loans

The New York Times has an article in today's paper titled "Prosecutors Struggle to Catch Up to a Tidal Wave of Pandemic Fraud"  The article can be found at https://www.nytimes.com/2022/08/16/business/economy/covid-pandemic-fraud.html

At Shenwick & Associates we are getting telephone calls and emails from clients who have defaulted on their EIDL loans. Jim Shenwick, Esq.  212 541 6224  jshenwick@gmail.com

Monday, August 15, 2022

Personal Bankruptcy article at CNBC

 CNBC has a very helpful article about personal bankruptcy. The article titled:

"If you’re facing bankruptcy, here’s what experts say to do before, during and after you file" can be found at https://www.cnbc.com/2022/08/14/what-experts-say-to-do-before-during-and-after-filing-for-bankruptcy.html


Jim Shenwick, Esq. 212 541 6224 jshenwick@gmail.com


Friday, August 12, 2022

Can You File For Bankruptcy Over Medical Bills?

 Forbes' has an article titled Medical Bankruptcies: Can You File For Bankruptcy Over Medical Bills? The article can be found at https://www.forbes.com/advisor/debt-relief/medical-bankruptcies/


The short answer is yes, medical and hospital bills can be "discharged" in bankruptcy. We have discharged hundred's of thousand of dollars in medical bills in bankruptcy for our clients!


Jim Shenwick, Esq. 212-541-664 jshenwick@gmail.com

Thursday, August 11, 2022

Legal Desire has an article on "5 Benefits And Drawbacks Of Filing For Chapter 7 Bankruptcy

 Legal Desire has an article on "5 Benefits And Drawbacks Of Filing For Chapter 7 Bankruptcy. The article can be found at

https://legaldesire.com/5-benefits-and-drawbacks-of-filing-for-chapter-7-bankruptcy/


Individuals with questions about chapter 7 bankruptcy can contact Jim Shenwick, Esq 212-541- 6224 jshenwick@gmail.com

Monday, August 08, 2022

Student Loan Forgiveness: 5 Major Takeaways From New Plan To Cancel Student Debt.

 Forbes.com has a timely article on Student Loan Forgiveness: 5 Major Takeaways From New Plan To Cancel Student Debt.

The article can be found at https://lnkd.in/ek5ps_Vq

Jim Shenwick, Esq.

Thursday, August 04, 2022

Uber Embodies the Post-Covid Inflationary Economy Bloomberg.com

 

Uber Embodies the Post-Covid Inflationary Economy 



Jim Shenwick, Esq.  212 541 6224  jshenwick@gmail.com

EIDL and PPP Fraud

 The United States Attorney's Office District of Colorado, issued a press release about "Florida Woman Sentenced to 19 Months in Prison for Submitting Fraudulent EIDL and PPP Applications in $865K Wire Fraud Scheme" the article can be found at https://lnkd.in/eEhpdz9m


Jim Shenwick, Esq 212 541 6224 jshenwick@gmail.com