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Fraser
OCTOBER 13, 2020
A PPP borrower must aggregate all sales and other transfers occurring since the date of approval of the PPP loan in determining whether the relevant threshold has been met. If a PPP borrower fails to satisfy one of the criteria below, SBA consent is required for a change in ownership to ensure the repayment of any unforgiven PPP loan amounts.
Troutman Sanders
NOVEMBER 13, 2023
On November 9, the Department of Education (DOE) announced its plan to implement an oversight strategy of federal student loan servicers that provides several pathways for identifying problems that can harm borrowers, in real-time. For more information, click here. For more information, click here. For more information, click here.
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Hudson Weir
APRIL 12, 2024
A personal guarantee is a legally-binding commitment for the company director ro repay the business loan or settle a debt. If your business needs support, please contact us to find out how we can help you. However, there’s an exception, which is if any directors have signed personal guarantees. appeared first on Hudson Weir.
Troutman Sanders
FEBRUARY 8, 2021
Our bank and loan servicing clients also face novel challenges affecting their industry due to COVID-19, particularly the ever-changing rules and regulations concerning evictions and foreclosures. attorney’s office to stop judicial foreclosures and evictions on accounts previously referred to the DOJ. For more information, click here.
Fico Collections
FEBRUARY 26, 2021
If a long term customer logs into your mobile app more than 10 times a month you can use this context to inform your treatment of them such as contacting them with an automated SMS or Email to make a payment vs through a phone call. For example, getting more customers to respond to a collections interaction and pay or promise to pay.
Credit Corp
JULY 30, 2021
Sometimes, manufacturers will send out information for a recall because of a necessary update, too. Buyers need proof that the seller has documents that prove any loans have been paid as required. If a buyer has any questions about transferring a title, the DMV needs to be contacted for state-specific answers. Need a New Car?
Troutman Sanders
JUNE 1, 2021
Our bank and loan servicing clients also face novel challenges affecting their industry due to COVID-19, particularly the ever-changing rules and regulations concerning evictions and foreclosures. On May 27, the Consumer Financial Protection Bureau (CFPB) published a report that provides new insights into manufactured housing financing.
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