Pages

▼
Sunday, May 11, 2025

Can an LLC Member Interest Owned by a Debtor in Chapter 7 Bankruptcy be Sold by Bankruptcy Trustee?

›
  When we file a Chapter 7 bankruptcy petition for an individual, clients often ask which assets they will be able to keep after the bankrup...
Tuesday, April 22, 2025

UPDATE OFFERS IN COMPROMISE (“OIC”) FOR SBA EIDL LOANS 04-22-2025

›
  OFFER IN COMPROMISE (“OIC”) FOR  SBA EIDL LOANS UPDATE Is the SBA accepting OIC applications for SBA EIDL loans? If you search online, you...
Sunday, April 06, 2025

SBA ENDS THE HARDSHIP ACCOMMODATION PLAN FOR SBA EIDL LOANS

›
SBA ENDS THE HARDSHIP ACCOMMODATION PLAN FOR SBA EIDL LOANS Effective March 19, 2025 the SBA has ended the Hardship Accommodation Plan (“Har...
Thursday, March 27, 2025

SBA DOES ALLOW EIDL LOANS TO BE COMPROMISED THROUGH AN OFFER IN COMPROMISE

›
  SBA DOES ALLOW EIDL LOANS TO BE COMPROMISED THREW AN OFFER IN COMPROMISE   Many clients have contacted our law firm seeking assistance...
Tuesday, February 18, 2025

How to Sell a Business Subject to an SBA EIDL Loan

›
Many clients have contacted our law firm asking how to sell a business subject to an SBA EIDL loan. There are two scenarios. In the first, t...
Wednesday, February 12, 2025

Subchapter V debt limit will increase to $3,424,000

›
The National Law Review reports that the Subchapter V debt limit will increase to $3,424,000 on April 1, 2025. Currently, the Subchapter V d...
Friday, December 27, 2024

SBA EIDL Loans & the Case of the “Missing Guarantee”

›
  SBA EIDL Loans & the Case of the “Missing Guarantee” Many clients have recently contacted us with a similar issue. They claim they nev...
Monday, December 23, 2024

James (Jim) Shenwick, Esq Contact Information QR Code

›
 
Tuesday, November 26, 2024

SBA EIDL Fraud & How It Is Discovered

›
SBA EIDL Fraud & How It Is Discovered Every day, and often multiple times a day, we read stories about people or businesses being indict...
Thursday, November 07, 2024

Subchapter V Bankruptcy Updates

›
  A Bloomberg article https://news.bloomberglaw.com/bankruptcy-law/senate-proposal-would-grow-small-business-bankruptcy- eligibility  is rep...