Maniolas

U.S. Small Business Administration (photo screenshot courtey of https://www.sba.gov) SACRAMENTO, Calif. – Small, nonfarm businesses in all 58 California counties and neighboring Arizona, Nevada and Oregon counties listed below are now eligible to apply for low‑interest federal disaster loans from the U.S. Small Business Administration (SBA). These loans offset economic losses because of reduced revenues caused by the drought that began January 1, 2016, announced Director Tanya N. Garfield of SBA’s Disaster Field Operations Center – West. Neighboring Arizona counties:  La Paz and Mohave; Neighboring Nevada counties:  Carson City, Clark, Douglas, Esmeralda, Lyon, Mineral, Nye and Washoe; Neighboring Oregon counties:  Jackson, Josephine, Klamath and Lake. “SBA eligibility covers both the economic impacts on businesses dependent on farmers and ranchers that have suffered agricultural production losses caused by the disaster and businesses directly impacted by the disaster,” Garfield said. Small, nonfarm businesses, small agricultural cooperatives, small businesses engaged in aquaculture and most private nonprofit organizations of any size may qualify for Economic Injury Disaster Loans (EIDLs) of up to $2 million to help meet financial obligations and operating expenses which could have been met had the disaster not occurred. “Eligibility for these loans is based on the financial impact of the disaster only and not on any actual property damage. These loans have an interest rate of 4 percent for businesses and 2.625 percent for private nonprofit organizations, a maximum term of 30 years, and are available to small businesses and most private nonprofits without the financial ability to offset the adverse impact without hardship,” Garfield said. Read More …

So you decided to buy a house a few years ago and the market turned. Now, your house is worth less than you owe to the bank, and you are one month behind! Worse still, you have a large amount of credit card debt, that is growing larger by the month on minimum payments and your income is barely enough to get you and your family through the coming month (or maybe even the week). However, on the positive side, news reports suggest that home prices are turning around. You want to keep your home – so what are your options? Can you manage mortgage payments if you did not have to pay your credit cards? Do you have a second mortgage that could be stripped under current bankruptcy laws, and immediately give you a bump in home equity? What other options do you have? Is the IRS harassing you as well? Take the first step to ending sleepless nights, and let me help you come up with a plan to get you on top, and back in control. Doing nothing about your debts and ignoring what is happening to you may seem easier at first, but once the foreclosure notices and law suits begin to come in the mail, the thought of wage garnishments and liens on your house or even your car, can really make you and your spouse depressed. Being proactive about taking care of your debts should begin with a free consultation with consumer debt attorney Read More …