Stimulus Legal Questions

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I'm being told a story and I can't understand how she thinks she can save the house. If I'm being told the truth, she claims she has 2 foreclosures. One is from her company they used their house as collateral. She says they called in loan. She also claims she is in foreclosure on her personal mortgage. From my understanding she owes 55 thousands on the mortgage and the business loan was a half a million. She is in forbearance. She says she's is getting it until March wich my understanding is it ends December all home covid programs end. We live in long Island NY. So how is this house savable and also it will be left to her only child . Won't her get the lien debt if the house is willed to him? Please help me know the truth as it affects my life in unimaginable ways. Thank you....Read More
New YorkBack ChargesBond ClaimsBonding Off LienCoronavirusForeclosureLien DeadlinesLien ForeclosureLien PriorityLien ReleasesNotice of TerminationStimulus
My husband has a small construction business mainly himself and IF he needs help he hires other self employed contractor which receive 1099’s. He really doesn’t have payroll per say but has construction bills that need paid. Would he qualify for the “up to” $10000 grant? Also I read somewhere that self employed contractors could draw unemployment. Please advise. Thanks...Read More
IllinoisConstruction AccountingCoronavirusStimulus
I received the $600 last week but not this week. What's going on is the $600 a one time thing or weekly. Just wondering why I didn't get it this week.? Thank you... ...Read More
Can you explain what advantages and difficulties will create lean construction during time management?...Read More
I'm looking for help to determine which types of interest payments are forgivable under PPP? It seems clear to me that mortgage interest is included as forgivable. But, what about other types of interest? Specifically, interest on equipment debt? There is some language in the guidance about "interest on debt obligations incurred before February 15, 2020." Does this include interest on equipment financing debt?...Read More
CaliforniaConstruction AccountingCoronavirusStimulus
Should we consider opening new bank accounts for the PPP loan? This would help us keep these funds separate. The plan would be to deposit the loan funds into the new account, to get new checks for payroll/direct deposit payroll checks from the new account, etc. An alternative could be to move the money from the new account into our normal account each week for payroll. What is the best practice here, and what should we be concerned about?...Read More
CaliforniaConstruction AccountingCoronavirusStimulus
Are union benefits forgiven with the PPP loan? If so, what is the limit? ...Read More
MissouriConstruction AccountingCoronavirusStimulus
I had to applied for Unemployment 3 times because the system keep giving me an error message and when The finally got it after “”2 WEEKS”” now I am not even getting my $600.00 per week Unemployment Benefits. Are you guys forgetting WE ARE NOT JUST A CADE OR A FOLDER but HUMAN BEINGS IN EMERGENCY NEEDS???...What’s going on with you guys??? Are you working for Free in there???......Read More
New JerseyStimulus
I’m a Asphalt roller and I’m still working are there is there any aid for me out there. Am I considered a essential worker. Will I get any help?...Read More
MarylandCash FlowCoronavirusCredit ManagementStimulus
I am a security guard for a large company. We are contract security not independents. We were layed off for about 4 weeks 3-30 2020 to 4-27 2020. I was approved and recieved SC regular unemployment but have yet to recieve the booster.We can not get any help from the phone lines. Any direction would be helpful. Thanks, Victoria Burnett...Read More
South CarolinaStimulus
I worked for a temp agency. I had a job and on Feb 18, 2020 I was layed off. I cannot get work because of the virus. Am I eligible for unemployment benefits and the $600.00 a week from the Federal Government? I live in Frederick Maryland. Tried calling unemployment office and get busy signal. What do I do?...Read More
I filed for unemployment in early March, but wasn't able to file til April 5(initial filing date March 29th was moved up one week later). I receive my uneployment payment, but my $600 . I recieved a $600 the following week. The week after, haven't recieved another payment(2 payments unaccounted for). Am I entitled for back pay?...Read More
Good day: I have a question on the loan , I applied throuhg BOFA , and they responded to me yesterday saying that my application was now completed and that they will foward it to the SBA since the SBA was n longer taking applications , what does this mean , I thouht the bank make the loan, not the SBA , PLEASE INFORM ME . THANK YOU !!...Read More
If I am fortunate enough to get funding, can I use the 25% to pay monthly loan payments for my trucks and equipment?...Read More
New YorkStimulus
We are a subcontractor that does underground utilities in So Cal. Sometimes our crews work less than 40 hour weeks. If we receive a payroll protection loan are we obligated to pay our employees 40 hour weeks even if they do not work 40 hours ? Are we required to pay for rain days, or other project delays not related to the COVID-19 pandemic?...Read More