Helping Families For Over 30 Years
New York State has expanded the eviction moratorium until May 1, 2021. However, tenants must fill out a form declaring they are experiencing financial hardship because of COVID, or that being evicted from their premises would constitute a health risk to members of their household. The form must be submitted, under penalties of perjury, to […]
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NY State will extend the state’s rental assistance program to help New Yorkers struggling to pay their rent. Governor Andrew Cuomo will expand eligibility requirements for rental assistance and tap into federal funds. NY State appropriated up to $100 million from the federal Cares Act, but because of eligibility requirements, only $40 million in rental aid […]
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Effective October 23, 2020, all residential and commercial foreclosures may proceed in the New York State Courts. Unfortunately, that means that foreclosure sales will be scheduled to begin soon. If you have a federally-backed mortgage or a Fannie Mae or Freddie Mac mortgage, single-family foreclosures are stayed until December 31, 2020. But remember, the CARES […]
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Starting October 12, 2020, the NYS courts allowed all landlord-tenant proceedings to resume. Court conferences are also taking place. If you are experiencing a COVID-19 related hardship, you may present this to the court as a defense against eviction under the NY eviction moratorium and the New York State Safe Harbor Act. Rent is still […]
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Forgiveness of the PPP and the SBA Disaster Loan Assistance – What the Banks did not tell you. Now that small businesses and individuals are applying for PPP forgiveness, it is becoming clear that PPP loans will probably not be forgiven if a borrower also received an SBA Economic Injury Disaster Loan (EIDL). Therefore, if […]
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Allen A. Kolber, Esq.(845) 547-0682134 Route 59
Suffern, New York 10901
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