Loan modifications under CARES Act. The law firm assists with loan modifications and mortgage relief for those impacted by the coronavirus pandemic. This blog post discusses loan modifications and mortgage relief for those impacted by the coronavirus pandemic. Federal and state governments, and financial institutions and loan servicers, have announced plans to help struggling homeowners…
Small Business Reorganization Act. This is a chapter 5 bankruptcy designed to make the process easier for a business than a Chapter 11 reorganization Small businesses now have an alternative to a chapter 11 bankruptcy called the chapter 5 bankruptcy. This statute, Chapter 5 is designed to ease some of the burdens that certain mechanical processes in…
Breach of Contract Coronavirus. Given the economic disruption, some contracting parties may seek to be excused from performance under their contracts. How to get out of a contract? There are many ways in which contractual performance has become and could become even more challenging. What COVID-19 coronavirus issues are complicating your contract? government-mandated quarantines travel…
PUA – Pandemic Unemployment Assistance. This is subject to change at any time. This information was posted here in April 2020. Unemployment now provides payment to folks not traditionally eligible for unemployment like self employment, independent contractors This is subject to change. It was posted here April 2020. New York State remains on PAUSE through…
