News Bulletin: Commercial Eviction Moratorium Extended
Frank Malara • October 21, 2020

New York State Governor Andrew M. Cuomo extended the State’s moratorium on COVID-related commercial evictions and foreclosures through January 1, 2021.

The Executive Order extends protections already in place in recognition of the financial toll the COVID-19 pandemic has taken on businesses, including restaurants. 

The extension gives commercial tenants and mortgagors additional time to catch up on payments or to renegotiate lease and mortgage terms to avoid eviction or foreclosure in 2021. 

As experienced foreclosure attorneys we can help you navigate new terms on your lease or mortgage. 

We are here for you. 

Call (914-946-2889) or email us at Francis J. Malara or Anne Penachio with any questions or for a free consultation.

 

Business Interruption Insurance, Part 2

By Frank Malara • September 26, 2020
In part 1 of this two-part series, we covered the basics of business interruption insurance, also known as business income insurance. This article will focus on the intersection of business interruption insurance and COVID-19. Does business interruption insurance cover losses from COVID-19? Many insurance companies are denying business interruption insurance claims related to COVID-19. Even... The post Business Interruption Insurance, Part 2 appeared first on Penachio Malara, LLP - Bankruptcy Lawyers.

Demystifying your credit score, part 3

By Frank Malara • September 18, 2020
Welcome to the third of a three-part series on credit scores. This article looks at how you can monitor your credit score. Part 1 focuses on credit score rankings. Part 2 delves into what influences credit scores. What is a credit score? Your credit score is a numerical rating of your credit worthiness. Basically, the... The post Demystifying your credit score, part 3 appeared first on Penachio Malara, LLP - Bankruptcy Lawyers.