Monthly Archives: April 2020
Can the Paycheck Protection Program Help My Florida Business During the COVID-19 Pandemic?
In response to the massive economic shutdown caused by the COVID-19 pandemic, Congress established the Paycheck Protection Program (PPP) to “provide a direct incentive for small businesses to keep their workers on the payroll.” Congress initially appropriated $349 billion to the PPP, which was quickly exhausted. On April 24, the President signed additional legislation… Read More »
Should I File for Bankruptcy If I Lost My Job Due to COVID-19?
The COVID-19 pandemic has challenged our economy in ways not seen since the Great Depression. As of April 16, 2020, approximately 22 million people in the U.S. have filed for unemployment insurance. Even with additional benefits provided for under recent congressional legislation, thousands of Floridians now find themselves unable to pay rent and other… Read More »
How Could an Accidental Omission from My Bankruptcy Petition Affect My Ability to Obtain a Discharge?
A Chapter 7 bankruptcy can give you a fresh start free of your current debts. But when seeking bankruptcy protection, it is critical that you are open and transparent with the court about your finances. If you attempt to hide income or assets, the judge can deny you a discharge of your debts–meaning you… Read More »
How the Covid-19 Response May Affect Your Student Loan Obligations
Even under normal circumstances, many Florida residents struggle to repay their student loan debt. And as we all know, we are not living in normal circumstances. The rapid spread of the Covid-19 disease throughout the United States–and the accompanying economic shutdown designed to mitigate its impact–has already devastated the livelihoods of millions of workers… Read More »