Monthly Archives: July 2021

Student loan relief arrives in South Florida

Repaying student loans is a challenge for many families in South Florida. Fortunately, March 30Chief Bankruptcy Judge Laurel Isacoff issued an order adopting Chapter 13 Student Loans Program (SLP) proceedings for the Southern District of Florida. The program, which represents the 18-month effort of Judge Robert Mark and Standing Chapter …

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P3 loans canceled at 70% of midsize law firms in California

According to Small Business Administration records, the California-based NLJ 500 law firms that took out 2020 Paycheck Protection Program loans have been largely canceled. The SBA granted a rebate to at least 23, or 70%, of the 32 companies that took out loans; companies collectively received nearly $ 147 million …

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As Miami hotel files for bankruptcy, claims agents secretly sold loans and racked up fees during settlement talks

Aloft Miami, a Marriott International hotel brand in Brickell, filed for Chapter 11 bankruptcy after a long battle with its lender, who sought to foreclose after the hotel missed payments during the COVID-19 pandemic. Joe Pack, founder of Pack Law in Miami. From Aloft Miami ‘For attorney Joe Pack of …

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Passed bill threatens mortgage foreclosures

Bill 2502-A, which amends RPAPL §1302, may well have had benign intentions, but the end result will likely make both the granting of residential mortgages and the foreclosure of such mortgages impossible. While this may sound like hyperbole, a close look at the changes will provide an explanation. Essentially, the …

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