News

COVID-19 Update: Changes to FSA Farm Loan, Disaster, Conservation, and Safety Net Programs

access_time Posted on: April 7th, 2020

COVID-19 Update: Changes to FSA Farm Loan, Disaster, Conservation, and Safety Net Programs USDA’s Farm Service Agency (FSA) county offices are available by phone to continue helping agricultural producers with loan servicing, program signups, and other important actions. The FSA is also loosening the loan-making process and adding flexibility to servicing loans to provide credit to producers in need. FSA programs and services include: Farm loans;Commodity loans;Farm Storage Facility Loan program;Conservation programs; Safety net programs (including 2020 signup for the Agriculture Risk Coverage and Price Loss Coverage programs);Disaster assistance programs (including signup for the Wildfire and Hurricane Indemnity Program Plus);Acreage… read more »

COVID-19 Update: Remote Notary for Estate Planning Now Available During Emergency

access_time Posted on: April 7th, 2020

Written by Attorney Timothy J. Bupp, CELA; CGA Estate Practice Chairman The COVID-19 emergency has created unwanted stress for those of us in quarantine.  The risk of illness, particularly for older persons, has caused concern regarding whether we can get the legal help we need.   Review estate planning documents Many have taken this time to rethink their estate planning documents, including wills, health care directives, and powers of attorney.  Unfortunately, during this uncertain time when having these documents in place has never been more important, the shelter-in-place order makes it more difficult than ever to arrange the necessary meetings with professionals to prepare,… read more »

COVID-19 Update: Congress Expands Access to Retirement Accounts During Emergency

access_time Posted on: April 6th, 2020

COVID-19 Update: Congress Expands Access to Retirement Accounts During Emergency Written by Attorney Timothy J. Bupp, CELA; CGA Estate Practice Chairman Among the many provisions of the $2.2 trillion dollar CARES Act passed by Congress in March are several directed at retirement plans.  These provisions loosen the usual restrictions on qualified accounts for those suffering economically from the current emergency.           — Emergency Withdrawals.  Early withdrawals from an IRA or  qualified plan account usually trigger a ten- percent excise  penalty.  However, the CARES Act now allows Covid-related distributions from a qualified account of up to $100,000 without the penalty, so long as the participant repays the… read more »

COVID-19 Update: More COVID-19 Relief Announced

access_time Posted on: April 3rd, 2020

Small businesses received a bit of good news Thursday, April 3rd with two critical announcements for small businesses.  The SBA announced that they will relieve principal and interest obligations of SBA 7(a) borrowers for six months beginning with payments after March 27, 2020.   This will also apply to loans that have already taken a 6–month deferment, and payments shall begin at the conclusion of the deferment period unless the borrower chooses to have the payments begin sooner.  Further guidance will be forthcoming from SBA.  USDA also announced a temporary exception for lenders to offer a 180–day deferral fo USDA… read more »

COVID-19 Update: Business Exemption Period Ends April 3

access_time Posted on: April 2nd, 2020

COVID-19 Update: Business Exemption Period Ends April 3 Businesses that believe they qualify for an exemption waiver from Governor Wolf’s closure order have until Friday, April 3rd at 5pm to submit their requests. Follow the link below to request a waiver to keep the physical location of your business open: Waiver Request Form For an updated list of life-sustaining industries, follow this link: Updated List of Life-Sustaining Industries  If you need further information or clarification, please contact a CGA Business Law Attorney. Contact a CGA Business Law Attorney Rebecca CountessApril 7, 2020Help for farmers USDA’s Farm Service Agency (FSA) county… read more »

COVID-19 Update: The CARES Act and Bankruptcy

access_time Posted on: April 2nd, 2020

COVID-19 Update: The CARES Act and Bankruptcy Last month, March of 2020, The CARES Act was passed in light of the impacts of COVID-19. Specifically, there were changes affecting  Bankruptcies – both current and prospective cases. The CARES Act (the “Act”) excludes Coronavirus related payments from the definition of disposable income and the Bankruptcy Estate, i.e. the government stimulus check. Receiving the stimulus check within 6-months of filing a Chapter 7 Bankruptcy will therefore not disqualify a Debtor from filing a Bankruptcy under Chapter 7. While the Act does not explicitly state this applies to Chapter 13, most Trustees, even… read more »

CGA Bankruptcy Chair, Lawrence V. Young, Esq. Offers Free Telephone Consultations to Public

access_time Posted on: March 30th, 2020

No charge, no obligation conversation In the face of business shut downs and layoffs, many are left wondering how they are going to pay their bills and make ends meet. Small businesses and individuals are left with questions about their specific financial circumstances and what the future holds. Free Telephone ConsultationsOn Tuesday, March 31, 2020 from 8:30 to 11:30am, CGA Law Firm is offering a chance to have those questions answered at no charge. Attorney Lawrence Young will make himself available as a public service for a no charge, no obligation conversation to discuss each caller’s most pressing concerns. Larry is not only… read more »

COVID-19 Update: Working Capital Access Program (CWCA)

access_time Posted on: March 29th, 2020

COVID-19 Update: PIDA’s Working Capital Access Program (CWCA) The COVID-19 Working Capital Access Program (CWCA), administered by the Pennsylvania Industrial Development Authority (PIDA), is making $60,000,000.00 in working capital loans available to vulnerable small businesses located within the Commonwealth of Pennsylvania that have been adversely impacted by the COVID-19 pandemic. The maximum loan amount per business is up to $100,000.00 to help the small business overcome a temporary loss of revenue. The loan terms are three (3) years with a twelve (12) year amortization, with no payments due and payable during the first year. Principal and, if applicable, interest payments… read more »

COVID-19 Update: Relaxing In-Person Notary Requirement for Real Estate

access_time Posted on: March 27th, 2020

Revised Uniform Law on Notarial Acts (RULONA) for PA Notaries Governor Wolf approved a temporary lift in the personal appearance requirement of the Revised Uniform Law on Notarial Acts (RULONA) for PA notaries with specified safeguards. (Follow this link to view the notice on the Pennsylvania Department of State website: NOTICE.) All notaries who are using audio-visual technology as an alternative to personal appearance must: 1) become an approved Pennsylvania electronic notary (free application).2) use an e-notary solution already approved by the Department that offer remote notarization technology.3) indicate in the notary certificate that the notarial act was performed by… read more »

COVID-19 Update: Landlord Tenant Issues

access_time Posted on: March 27th, 2020

COVID-19 Update: Landlord Tenant Issues The Pennsylvania Supreme Court has recognized that this can be a difficult time for both tenants and landlords.  Many people have heard that the court put a hold on evictions during this crisis but there is additional information for landlords and tenants to know.  As of March 16, 2020, all MDJ hearings involving active landlord tenant cases were postponed for at least 30 days.  Any newly filed matters involving landlord tenant issues will be scheduled for a time at least 75 days away.  These times are constantly subject to change and they could be extended by the courts. … read more »