| | COVID-19, Litigation
During the COVID-19 pandemic, many businesses were forced to take quick measures to protect their customers, clients and employees. In the aftermath of the COVID-19 pandemic, some of those businesses have been subjected to lawsuits from those claiming injuries from
Five changes to the Paycheck Protection Program (PPP), the government’s plan for helping small businesses survive the Covid-19 pandemic, were announced yesterday by President Joe Biden. The country’s smallest businesses and business owners of color are celebrating these modifications to
Last week, the SBA released a procedural notice with information regarding the sale (or change of ownership) of small businesses with PPP loans. This may complicate sales of such small businesses. The borrowers must notify their PPP lenders of any
If COVID has taught us anything, it has taught us to expect the unexpected. When was the last time you looked over your credit report? Could you be the victim of identity theft and not even know it yet? Don’t
The August 8, 2020 deadline to apply for a Paycheck Protection Program (PPP) loan has passed and loan applications are no longer being accepted. However, the Small Business Administration (SBA) has now opened an electronic portal for processing loan forgiveness
| | Bankruptcy, COVID-19
What will happen if the extra $600 a week unemployment benefit, added due to the current COVID-19 pandemic expires on July 31, 2020? This benefit was intended as a temporary measure to help those facing unemployment or were furloughed due
| | Bankruptcy, COVID-19
The current global COVID-19 pandemic has caused many small businesses to assess and struggle with their financial situation more than perhaps any time in decades. For many, despite attempts by the government to assist, bankruptcy is the most viable option.
I assume most of us have recently had experiences with ways we have adapted to these new circumstances that we would not have imagined possible. This need and ability to adapt reminds me of a point that James Clear makes
On July 3rd, President Trump signed the PPP Extension Act. The new extension allows for application of PPP loans until August 8th, 2020. As the initial PPP program was set to expire, more than $130 billion of funds were still
| | COVID-19, Estate Planning
If the current COVID-19 pandemic has you thinking abut getting your affairs in order, you are not alone. For pet owners, the care of your furry loved ones is also a priority. Just as you can set up a trust
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