COVID-19 benefits provided temporary income support to individuals who were directly affected by the pandemic. If you received benefit payments that you were not eligible for, you will need to return the full amount you received or arrange to pay what you owe over time. If you can only make a partial payment now, you should…
Many individuals are finding they have significant equity in their home but are carrying a high debt load. Due to their low-income level and/or poor credit rating they are unable to refinance their home to obtain a secured loan (mortgage) to consolidate unsecured debts such as outstanding income taxes, payday loans and credit cards balances…
As a small business owner, it’s important to understand the concept of personal guarantees. A personal guarantee is a promise by an individual to personally pay back a loan or debt if the business is unable to do so. This means that if your business defaults on a loan, you could be held personally liable…