Amendments to Bankruptcy Code Included in New Stimulus Package
By EsqSocial Corporation 19/01/21
Some of the key amendments include: The Coronavirus Aid, Relief, and Economic Security Act (the CARES Act), enacted in March, 2020, established the Paycheck Protection Program (PPP) which offered forgivable loans to qualifying small businesses. Initially, the Small Business Administration (SBA) refused to issue PPP loans to debtors, but under the amendments to Section 364…...
By: Kerr Russell