Bankruptcies on the way. Call the law firm to see how bankruptcy can solve debt problems. Business and individuals have been severely impacted by Covid. The Covid-19 aka Coronavirus and its impact regarding bankruptcy The coronavirus’s impact on capital markets, supply-chain disruption, hospitality and transportation is already seismic and being compared with the “economic shockwave”…
Governor Cuomo issued another Executive Order: 🟥Our ability to notarize and witness documents (including wills, trusts, powers of attorney, health care proxies, living wills) REMOTELY has been extended (again) to June 6th. 🟥Since many RESIDENTIAL tenants cannot afford to pay their rent, a tenant can request to or otherwise consent to (but cannot be forced…
Chapter 13 plans can be extended up to 7 years 7 year Chapter 13. An existing chapter 13 plan can be extended to 7 years if the case had been confirmed and then the covid-19 virus caused payment issues. On March 27, 2020, the President signed into law the historic Coronavirus Aid, Relief, and Economic…
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…