As many of our questions are still left in the unknown, there may come some ease knowing that the law offers consideration during times like this. More recently, government intervention and closures have created shortages in staff and labor workers, while a shortfall in supplies have deviated businesses from performing their contractual duties.
The most significant aspect of this loan is that it is completely forgivable so long as the funds are used for at least 75% of payroll costs. The loan may also be used for mortgage, rent, and utilities for the business.
Powers of attorney vary in the extent of powers granted. A special power of attorney may specify certain powers that would be granted to the agent.
If your client fails to make a payment, often times, you as a business owner are consequently left with an unpaid balance. This can result in repetitive and tedious attempts to collect the unpaid invoices and may impose a strain on your client relationship.
When a vehicle is financed through a bank, the bank becomes a “secured party” in relations to the vehicle. This means that the bank now owns a financial interest in the vehicle, secured by the vehicle itself. Therefore, the information about the bank’s interest in the vehicle has to be put on the certificate of title, along with the borrower’s information.
What Happens If I Declare Bankruptcy? Chapter 7 and Chapter 13 of the Bankruptcy Code are aimed at relieving an
Will Filing for Bankruptcy Stop Collections? Once the debtor files for bankruptcy and the court accepts the petition, the court
Now that the United States Government has implemented the CARES Act, a historic stimulus bill, there might be recovery yet for the extreme slow down in business one may experience. However, too many people are having difficulties with banks granting them the loans this stimulus was intended to provide.
A grace period is a predetermined period of time immediately following a payment due date during which a late fee
EXECUTIVE SUMMARY: The CARES ACT passed by the U.S. Congress on Friday, March 27, 2020 and signed into law by
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Esta es una guía rápida de referencia jurídica que cubre 16 temas que cada empresario necesita saber para empezar un negocio.
