10 Helpful Tips for Getting Business Loans After Bankruptcy

10 Helpful Tips for Getting Business Loans After Bankruptcy

SmallBizTrends features an informative article on securing a business loan post-bankruptcy. 

From our experience, individuals often become more creditworthy after filing for bankruptcy, because their personal balance sheet is improved (liabilities are discharged). and  one can only file for Chapter 7 Bankruptcy once every 8 years. 

The article is accessible at https://smallbiztrends.com/2023/09/loans-after-bankruptcy.html. 

Businesses or individuals overwhelmed with debt should reach out to Jim Shenwick, Esq. 

You can contact him at 917 363 3391 or jshenwick@gmail.com. 

To schedule a telephone call, please click the following link: https://calendly.com/james-shenwick/15min. We assist individuals and businesses struggling with excessive debt!

What Do the Most Recent Bankruptcy Filing statics mean?

 What Do the Most Recent Bankruptcy Filing Statics Mean? JDSupra has an interesting article discussing the recent upswing in bankruptcy filings and what the data means.

The article can be found at  https://www.jdsupra.com/legalnews/a-look-into-2023-what-do-the-bankruptcy-4316229/

Jim Shenwick, Esq  917 363 3391  jshenwick@gmail.com 

Please click the link to schedule a telephone call with me.

https://calendly.com/james-shenwick/15min

We held individuals & businesses with too much debt!

Why Small Businesses Are More Reluctant to File for Chapter 11 by Chicago Booth Review

Chicago Booth Review has an article on 
Why Small Businesses Are More Reluctant to File for Chapter 11?
The article can be found at https://www.chicagobooth.edu/review/why-small-businesses-are-more-reluctant-file-chapter-11

Jim Shenwick, Esq  917 363 3391  jshenwick@gmail.com 
Please click the link to schedule a telephone call with me.
 https://calendly.com/james-shenwick/15min
We held individuals & businesses with too much debt!

I Stopped Paying My Private Student Loans, and Somehow Got Lucky New York Times article

 
I Stopped Paying My Private Student Loans, and Somehow Got Lucky
https://www.nytimes.com/2023/09/09/business/private-student-loans-debt-collection.html?smid=nytcore-android-share

Jim Shenwick, Esq  917 363 3391  jshenwick@gmail.com 
Please click the link to schedule a telephone call with me.
 https://calendly.com/james-shenwick/15min
We held individuals & businesses with too much debt!

Business Bankruptcies Soar in August as Rising Interest Rates Bite

 Bloomberg is reporting that Business Bankruptcies Soar in August as Rising Interest Rates Bite.

The article can be found at https://www.bloomberg.com/news/articles/2023-09-05/businesses-bankruptcies-soar-in-august-as-interest-rates-bite?embedded-checkout=true

Jim Shenwick, Esq  917 363 3391  jshenwick@gmail.com 

Please click the link to schedule a telephone call with me.

 https://calendly.com/james-shenwick/15min

We held individuals & businesses with too much debt!

Credit card and car loan defaults hit 10-year high as inflation squeezes families

 Credit card and Car loan defaults hit 10-year high as inflation squeezes Families

The New York Post is reporting that credit card and car loan defaults have hit a 10 year high, due to inflation and other economic issues. Will personal bankruptcy filings increase in near term? Very likely

The article can be found at https://nypost.com/2023/09/04/credit-card-and-car-loan-defaults-hit-10-year-high-as-inflation-squeezes-families/?utm_source=gmail&utm_campaign=android_nyp

Jim Shenwick, Esq  917 363 3391  jshenwick@gmail.com 

Please click the link to schedule a telephone call with me.

https://calendly.com/james-shenwick/15min

We held individuals & businesses with too much debt!