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Full-Text Articles in Law
Bankruptcy Debtors Are Ineligible For Ppp Loans, Laura Chambers
Bankruptcy Debtors Are Ineligible For Ppp Loans, Laura Chambers
Bankruptcy Research Library
(Excerpt)
During the COVID-19 pandemic, Congress enacted the Coronavirus Aid, Relief, and Economic Security Act (“CARES Act”), which established the Paycheck Protection Program (“PPP”). Under the PPP, the United States Small Business Administration (“SBA”) declared small businesses—including nonprofits, veterans’ organizations, and tribal enterprises that employ 500 people or less—as potential eligible borrowers. A borrower can use a PPP loan for a variety of purposes, such as general business costs like payroll and rent, or payments toward preexisting debts.
However, there has been some debate as to whether a debtor in a case under title 11 of the United States Code …
The Cra: A Welcome Anomaly In The Foreclosure Crisis, Warren W. Traiger
The Cra: A Welcome Anomaly In The Foreclosure Crisis, Warren W. Traiger
NYLS Law Review
No abstract provided.