Warning Signs You Might Be Headed for Bankruptcy (Business)
Filing for bankruptcy could provide a viable solution for debt relief and a fresh financial start for your business, but careful analysis and planning are of upmost importance when faced with this situation. Outlined in this blog post are different chapters of bankruptcy as well as some of the different warning signs signaling that your company may be headed in that direction. These indicators, coupled with a hard
What to Do If You’re in Forbearance but Still Paying Your Mortgage
Originally published on rismedia.com by Jeff Ostrowski Since the coronavirus pandemic began in March, millions of homeowners have taken the federal government up on a generous proposal, one that lets borrowers skip mortgage payments for up to a year with no penalties. But in an unusual twist, more than a million borrowers
Right Place at the Right Time
The Enactment of New Subchapter V, and How It May be the Bankruptcy Lifeline Small Businesses Need to Survive COVID-19 By: Jason S. Ross, Esq., LL.M. (in Taxation) DISCLAIMER: While this post is intended to provide valuable and useful information, it should in no way be construed or interpreted as legal advice. Should
COVID-19 Financial Assistance for the Self-Employed
Originally published on rismedia.com by Desirée Patno The self-employed, which include many real estate agents, make up an astounding 57 million people countrywide, and they are vulnerable to the recent changes to the economy due to the nation’s COVID-19 response and its effect on the economy. If you are a small business,
Government Agencies Come Together to Help Homeowners
Originally published on themreport.com by Mike Albanese The Consumer Financial Protection Bureau (CFPB), the Federal Housing Finance Agency (FHFA), and the Department of Housing and Urban Development (HUD) launched a new mortgage and housing assistance website. The website was developed to ensure homeowners and renters have the most up-to-date housing assistance information during
Estate Planning in Florida: What can I do to Prepare for the Coronavirus Outbreak?
The COVID-19 (coronavirus) outbreak has quickly reached pandemic status. As of April 9th, the Centers for Disease Control and Prevention (CDC) reports that there are already nearly 430,000 confirmed cases in the United States. The Florida Department of Health cautions that exposure to the virus is especially dangerous for senior citizens and people with
At Long Last, the Help You’ve Been Waiting for is Here
An explanation of the programs and assistance available to those small business and small business-owners who have been affected by the novel Coronavirus (COVID-19) pandemic. By: Jason S. Ross, Esq., LL.M. (in Taxation) Over the past several months, the World has helplessly watched as the Coronavirus (COVID-19) pandemic gradually spread across the
Assistance for Florida Businesses Affected by Coronavirus (COVID-19)
At Bauer Gutierrez & Borbon we are closely monitoring how the business community and our clients are being affected by COVID-19. Regular legal updates at the local, state and federal levels are being announced in response, and it is crucial that you understand them. Help is needed for small businesses,
Florida Real Estate: What is Escrow and How Does it Work?
Whether you are buying or selling property, you are likely to hear the term “escrow” come up many times during the course of your real estate transaction. To protect your interests, it is crucial that you know what escrow is and that you have a basic understanding of how it
Did Your Loved One Pass Away Without a Will in Florida? Here is What You Should Know
In Florida, probate is a court-supervised legal process through which a deceased person’s property and assets are identified, gathered, and distributed to the appropriate heirs. One of the first steps of probate is confirming the validity of the will. This raises an important question: What happens if a person dies without