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If Wells Fargo Holds Your Mortgage … Watch Out For This

Wells Fargo has apparently placed some borrowers in mortgage forbearance without their permission, according to attorneys handling one bankruptcy case. NBC News reports that the discrepancy was found in connection with the case of Troy Harlow, who was forced to file for bankruptcy following a kidney transplant but made sure to always pay his mortgage […]

Large And Small Corporations Rush to File Bankruptcy

Bankruptcy is becoming much more common as businesses fail in part due to the COVID-19 pandemic. The wave of bankruptcies is affecting businesses in every industry, from small retailers to sports leagues. Zero Hedge reports that Bloomberg has tracked more than 110 companies that have declared bankruptcy this year alone. Many were in financial trouble […]

What Could Happen When a Small Business With a PPP Loan Fails?

U.S. Government figures show millions of small businesses have received some $630 billion in loans through the Paycheck Protection and Economic Injury Disaster Loan (EIDL) Programs … but what happens if those businesses fail anyway? Nearly 25 percent of the small businesses in the country are considering closing their doors permanently due to the COVID-19 […]