Bankruptcy
How Do I File for Bankruptcy?
What Happens If I Declare Bankruptcy? Chapter 7 and Chapter 13 of the Bankruptcy Code are aimed at relieving an
Eric Gros-Dubois
April 8, 2020
Eric Gros-Dubois
Bankruptcy
Creditor Bankruptcy Collection Process
Will Filing for Bankruptcy Stop Collections? Once the debtor files for bankruptcy and the court accepts the petition, the court
Eric Gros-Dubois
April 8, 2020
Business Law
F@ck the Big Banks: Every Business Owner Should be with a Community bank (and have Their Banker’s cell Phone Number)
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.
Eric Gros-Dubois
April 6, 2020
EPGD Business Law
Is there a Grace Period for Rental Payments during the COVID-19 Pandemic?
A grace period is a predetermined period of time immediately following a payment due date during which a late fee
Eric Gros-Dubois
March 30, 2020
EPGD Business Law
CARES ACT §1102 Paycheck Protection Program §1106 Loan Forgiveness
EXECUTIVE SUMMARY: The CARES ACT passed by the U.S. Congress on Friday, March 27, 2020 and signed into law by
Eric Gros-Dubois
March 30, 2020
Real Estate Law
Freddie Mac, Fannie Mae Protect Renters From Eviction During Coronavirus
Last week Fannie Mae and Freddie Mac suspended evictions and foreclosures for families living in houses financed through one of their loans. This policy was now extended by the two banks to include renters as well, in the event when they are not able to pay rent due to the coronavirus outbreak.
Eric Gros-Dubois
March 27, 2020
COVID-19
What Economic Assistance is Available to Small Businesses During the Coronavirus Pandemic?
The federal and state governments have offered a variety of aid or relief to individuals and small business owners related
Eric Gros-Dubois
March 19, 2020
COVID-19
What Happens if my City Passes an Emergency Ordinance in Response to COVID -19 that is More Restrictive than My State’s Emergency Order? Which Law do I Follow?
When conflict between laws or orders issued from different levels of government exists, the law at the higher level will typically govern unless that law or declaration is found to be unconstitutional. For instance, when federal and state law is in conflict, the federal law will supersede, or preempt, the state law and take precedence due to the supremacy clause of the United States Constitution.
Eric Gros-Dubois
March 19, 2020
Business Law
Should you Lease Property to a Business?
Saving money on taxes is a great incentive to consider leasing your assets to a corporation. It is common for shareholders of corporations to lease real estate, equipment, and other property, such as vehicles, to the corporation, either directly or indirectly.
Eric Gros-Dubois
March 16, 2020
Business Law
What is an Operating Agreement?
The operating agreement for an LLC is imperative because it can outline all the company’s procedural and financial decisions. Although an operating agreement is not required in many states, most limited liability owners create an operating agreement as soon as they create their company. The operating agreement protects owners and sets out anything that has been orally agreed on.
Eric Gros-Dubois
March 16, 2020