Running a small business is hard work in the best of times, and even more so when there is a global pandemic. To keep your head above water in the current economic climate you might consider taking out a loan to assist your business. But how do they work and how are they different to a personal loan?
We have written previously about Binding Child Support (“BCS”) Agreements. As the name suggests, once parties enter into a BCS Agreement, it is binding on them for the length of the agreement.
If you cannot afford to pay your debts, the law provides two options in order to get back in control of your finances:
Except for the most extreme circumstances, going to court should be considered a ‘last resort’ and only to be used when all other options have been exhausted.
Across the country, people are being encouraged to work from home as much as possible to stop the spread of COVID-19. While many employees are adapting well to their new work environments, other employees may have experienced a drop in productivity.