Remove tag cares-act
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Debtor-Hospitals Can Be Denied Federal Coronavirus Aid

ABI

American Bankruptcy Institute Law Review Staff. . In March of 2020, Congress enacted the Coronavirus Aid, Relief, and Economic Security Act (the “CARES Act”) in response to the Covid-19 pandemic. [i] x] The bankruptcy court considered the text of the CARES Act and the APA in its analysis.

Debtor 40
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Affordable Care Act’s Shared Responsibility Payment is a Tax Entitled to Priority

ABI

2] In July 2019, Robert and Bonnie Szczyporski (the “Debtors”) filed voluntary petitions for relief under Chapter 13 of the Bankruptcy Code. [3] 3] The IRS filed a proof of claim against the Debtors for unpaid taxes and interest, including a $927.00 Ashton Bryan St. shared responsibility payment. [4] shared responsibility payment. [4]

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Bankruptcy Disqualifies Parties From Access to PPP Loans

ABI

In response to the economic fallout of the global COVID-19 pandemic, Congress passed the CARES Act, a part of which made government-guaranteed loans available to qualified small businesses through the Paycheck Protection Program (“PPP”). [i] ii] The CARES Act does not contain such an exclusion. 706(2)(A) and (C).