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16 Apr 2020, 2:11 pm by Ian Patterson
To the extent mortgage interest payments, rent, and/or utilities were claimed as deductions on Schedule C, PPP loan proceeds can also be used to make payments on any of these items. [read post]
15 Apr 2020, 9:51 am by Steven Boutwell
  Payments of eligible expenses related to covered mortgage or rent obligations and covered utility payments must relate to mortgage or lease obligations incurred or in force before February 15, 2020 and utility payments for which service began before February 15, 2020. [read post]
15 Apr 2020, 3:00 am
Newman, managing partner at Newman Ferrara LLP. [read post]
15 Apr 2020, 2:00 am by Steven K. Ludwig, Esquire
Ludwig is a partner in Fox Rothschild LLP’s Labor and Employment Department. [read post]
14 Apr 2020, 4:59 pm by Rachel Casper
For an up-to-date list of banks and lenders offering relief, visit: https://www.creditsesame.com/blog/updates/creditcard-partners-and-banks-offering-temporary-relief/ If you cannot pay your mortgage: Work with a housing counselor to discuss your options, many offer services at little to no cost to you. [read post]
14 Apr 2020, 3:44 pm by Judith Fiorini
., expenses such as rent, mortgage interest, property taxes, utilities, maintenance, and property insurance) if they use part of their home exclusively and regularly as their principal place of business. [read post]
14 Apr 2020, 6:29 am by Hedge Fund Lawyer
For questions or concerns related to impacts of coronavirus on the operations or compliance of funds and advisers, please contact us. **** Bart Mallon is a founding partner of Cole-Frieman & Mallon LLP. [read post]
13 Apr 2020, 1:34 pm by Marina Chafa
By Cherylyn Harley LeBon and Ithi Joshi Lebon is a partner and Joshi is an associate for Dunlap Bennett & Ludwig, practicing out of the Tysons Corner office. [read post]
7 Apr 2020, 11:49 am by John T. Bradford and John C. Anjier
  The general partner typically is the partner providing the business and management for the limited partnership, while limited partners typically are the partners providing a significant portion of the equity capital required for the business. [read post]
7 Apr 2020, 11:49 am by John T. Bradford and John C. Anjier
  The general partner typically is the partner providing the business and management for the limited partnership, while limited partners typically are the partners providing a significant portion of the equity capital required for the business. [read post]
7 Apr 2020, 11:38 am by Barbara S. Mishkin
Cordray discussed the CFPB’s authority in the areas of mortgage and student loan servicing, debt collection and credit reporting, and referenced a white paper he published yesterday directed to CFPB Director Kraninger and various Senate and House members setting forth immediate actions the CFPB should take to prevent consumer harm, including the following: Using its supervisory authority to closely monitor banks, financial companies, and mortgage loan servicers to make sure… [read post]
6 Apr 2020, 11:04 am by Victoria Craig
Even if your child doesn’t end up getting married, but simply has a partner move in with them, there is a chance their partner could make a trust claim to share in some of the value of the property you helped your child buy in the event of separation, if their partner contributed funds to mortgage, maintenance or upkeep of the property. [read post]
4 Apr 2020, 4:40 pm by hojlaw
  The loan proceeds are to be used for payroll, rent or interest on mortgage payments, utilities and certain other qualified expenses. [read post]
4 Apr 2020, 4:40 pm by hojlaw
  The loan proceeds are to be used for payroll, rent or interest on mortgage payments, utilities and certain other qualified expenses. [read post]
Additionally, when applying for a PPP loan, a borrower must certify that the uncertainty of current economic conditions makes necessary the loan request to support the ongoing operations of the eligible recipient and acknowledge that the funds will be used to retain workers and maintain payroll or make mortgage payments, lease payments, and utility payments. [read post]
2 Apr 2020, 10:48 am by Steven Boutwell
  Payments of eligible expenses related to covered mortgage or rent obligations and covered utility payments must relate to mortgage or lease obligations incurred or in force before February 15, 2020 and utility payments for which service began before February 15, 2020. [read post]
Over the coming weeks, partners from our financial services team will be sharing with clients and contacts a series of video diaries setting out their views on the latest developments in respect of COVID 19 impacts in the various areas of financial services. [read post]