-
What are my rights as a creditor if a client files for bankruptcy?
When someone owes you or your business money, you may be doing everything in your power to legally get the funds you are owed. However, if that person files for bankruptcy, it can seriously impact you and your company. It's important to understand what your rights are when you learn... -
The U.S. Treasury and Small Business Administration Grant Small Businesses a Safe Harbor
Yesterday, the U.S. Treasury and Small Business Administration stated that businesses seeking less than $2 million in emergency relief via the Paycheck Protection Program will be considered qualified unless it is proven otherwise. Many small businesses were initially denied access to the PPP, which is why this comes as a... -
U.S. Senate Approves Additional 320 Billion To Paycheck Protection Program
ATTENTION SMALL BUSINESS OWNERS: A SECOND BITE OF THE (PPP) APPLE On Tuesday, April 21, 2020, the U. S. Senate passed an interim funding bill which provides for additional forgivable loans to businesses and non-profit organizations. The bill includes $320B for the popular Paycheck Protection Program (“PPP”). The original funding... -
CARES ACT EXPANDS ELIGIBILITY FOR NEWLY EFFECTIVE SMALL BUSINESS REORGANIZATION ACT
The SBRA—we hardly knew you. The ink was barely dry on The Small Business Reorganization Act of 2019 (“SBRA”) when the CARES Act significantly modified the definition of “who may be a debtor” under the SBRA. The SBRA, which took effect on February 19, 2020, added a new Subchapter V... -
BUSINESS INTERRUPTION INSURANCE CLAIMS DURING CORONAVIRUS
If you are operating a business that has or is expected to sustain losses of revenue and operating expenses, check your business’ insurance policies to determine if your business is insured for Business Interruption (BI) – the loss of income and operating expenses. If so, your policy likely includes a... -
What to Know About Buying Your First Investment Property in Pennsylvania
Making a property investment can be an exciting time in a person’s life. However, investing is a very serious business that should be treated as such. It is important to go into the process with as much knowledge as possible about the proper steps and investing basics. This allows you... -
What is FINRA?
The Financial Industry Regulatory Authority, or FINRA, works with the Securities and Exchange Commission to regulate securities firms and brokers, protect those who invest in corporations, and keep the market fair and safe from fraud. When investors lose money because their advisors misled them or participated in some type of...
