Monthly Archives: June 2019

Report: Total Household Debt in the U.S. Reaches Record High

by Michael H. Schwartz
Young couple having debt problems on how to pay their loans.

Total personal household debt in the U.S. rose to a record-high $13.54 trillion in the last quarter of 2018, according to a report by the Federal Reserve Bank of New York. It marked the eighth straight quarter in which consumer …

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Michael H. Schwartz Asked His Legal Opinion Yet Again on an Important Bankruptcy Matter in the News.

by Michael H. Schwartz

 FiOS1 News interviewed Mr. Schwartz about the latest development in the ongoing contract dispute between Westchester County and Standard Amusements, LLC, the company that currently operates the famous but struggling Playland Amusement Park in Rye, New York. FIOS 1 …

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