Employers are faced with more sick workers who need to take a leave of absence for weeks (and in some cases months). How can businesses ensure that their leave policies are appropriate for our current challenges and equitable to all employees?

Qualifying borrowers may get up to100% of their loan forgiven if they meet the requirements set by the Small Business Administration (SBA). Here’s a closer look at what strategies you should implement if you want your PPP loan forgiven.

Here are 5 Tips for Businesses Who Want to Apply for the New Round of Working Washington Business Grants

How might the pandemic lockdowns have a long-term effect on the commercial real estate market? We’ve got a few theories … all speculation, of course.

What happens if the borrower spends the money on “unauthorized” expenses? Is there more to it than repaying the loan? Does it matter what it was spent on, or are all unauthorized uses treated the same?

Negotiating and documenting rent relief isn't something most business owners do frequently, so I'd like to offer my advice as an expert in negotiating leases.

For the small franchise business owner, it’s imperative to develop and implement strategies that allow you to operate at an optimal level even as the pandemic continues.

Governmental shutdowns to curb COVID could be considered a Force Majeure event and give business a valid reason to suspend contractual obligations.

EIDL applications reopened from all qualified small businesses, including agricultural businesses, and non-profit organizations but you must move quickly.

The economic crisis associated with the global pandemic is likely to result in extremely high numbers of both household and commercial evictions.

For the individual debtor, the desired result of Chapter 7 bankruptcy is the discharge order.

All Chapter 7 bankruptcy creditors may file proofs of claim with the court clerk evidencing the amount owed them.

The trustee’s main role is to review the debtor’s schedules for nonexempt assets and, if appropriate, to liquidate those assets.

Individual Chapter 7 bankruptcy debtors are required to take a course in financial education subsequent to filing and prior to discharge.

The meeting of creditors is required by Code. All debtors are required to attend, and cannot get a discharge without attending.

Upon Chapter 7 bankruptcy filing, the case will be assigned a case number, bankruptcy judge, and panel trustee.

Tips and Guidance for Small Business Owners to Request Rent Relief and to Renegotiate Your Lease Due to COVID 

The Chapter 7 bankruptcy individual debtor is required to obtain a certificate of completion of a course of credit counseling prior to filing.

Debtor’s counsel, working with the debtor, will prepare the bankruptcy petition and all supporting schedules and statements.

At the initial interview, the lawyer should discuss with the client the various options available: 7, 11, 13, or not filing. The option of not filing should be explored fully. Bankruptcy should always be a last resort.