Coronavirus (COVID-19): CARES Act Bankruptcy Changes

Coronavirus-Aid-Relief-And-Economic-Security-CARES Act-on-desk-with-pen

The Senate passed the Coronavirus Aid, Relief, and Economic Security Act (CARES Act) on March 25, 2020. Enacted on March 27, the legislation placed short-term restrictions on lenders and servicers of federally backed loans. It enforces mandatory forbearance obligations, moratoriums on foreclosures, and revises credit reporting obligations to help individuals and businesses facing financial hardship […]

How to Avoid Bankruptcy Fraud in Los Angeles

bankruptcy-fraud

Bankruptcy fraud is no laughing matter. Bankruptcies are overseen by The United States Trustee Program which is an arm of the Department of Justice, so you’re essentially dealing with a government agency and they don’t take these transactions lightly.  Seeing as bankruptcy is a tool used in dire financial situations to forgive or restructure debts […]