J-Crew, Golds Gym, Neiman Marcus, Sears, JC Penny, & Hertz are all preparing for another Bankruptcy claim. Chapter 11 to be more exact. In this video we cover the good and the bad of Chapter 11 bankruptcies and how this will affect us. In addition to that we talk about the current news regarding updates for Phase 4 or Stimulus Check #2. With our Senate finally back in Washington D.C. working on some new bills for May 5th 2020 this should be an exciting week for some more updates. Stay tuned all.
#Phase4 #StimulusUpdate
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- The U.S senate finally convened in DC today after the 6 week extended recess they took.
- Additional companies filing for Chapter 11 bankruptcies. Although we may not see an impact on unemployment rate now, all this will add up as collateral in the later months once we enter our recovery and growth phase.
Phase 4 of the CARES Act and stimulus check will be VERY interesting. Stay tuned to hear more updates from.
Senate Returns:
Golds Gym Chapter 11:
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42 comments
There will NOT be more money being given to us. States already started reopening the economy.
You don't have the freedom of speech lol.
I was minding my business literally… government owes me money for interrupting my livelihood… PAY ME!!! and I pay my taxes…
There’s not going to be anymore stimulus for the average person! All business bailouts from here!
I do not think that a company should be able to file bankruptcy so quickly.
I'm not into politics but God help us all they make the right decision this is our lives right now where limited on items to buy still empty shelf s beginning our landlord not to evict us praying to have food on the table bills need to get paid we are the ones suffering this is not healthy for us
You're giving multimillion dollar companies all the money so they stay multimillion dollar companies but the people get nothing! Let's see all these businesses survive without the people!
Everyone over the age of 16 needs another stimulus check before the economy crashes.
Can I withdraw from a deceased person?
I checked with IRS. MY CHECK WILL BE MAILED ON FRIDAY MAY 8.
Hey Brian i just started watching your Vids and i like the way you give it straight to use that we can all understand we all need the help i had two jobs lost one due to the virus and we need the help now Thanks!!:)
Just give the people $2400’a month until next year
is best buy is going for bankruptcy?
YOU DIDN’T HAVE CABLE ? 123TV IF FREE
Shot past the 90K mark bruh … 100K this month 🤞🏿 peace
We won't get it the Republicans won't pass it cause they value money over life unlike the Democrats value lkife over money and trump values himself over all
Educate us 🤣🤣🤣you probably think space is real 🤣😂🤪✌️❤️🐒🌏
At this point in time I'm honestly feeling like I'm not getting a stimulus check. Phase one just walked on by. What am I supposed to tell the bill collectors? Oopsy, sorry. My government forgot me again?
Do you think we are going to get a second stimulus check??
This guy is definitely for the working people, Keep speaking for us 💪🏽💪🏽
Stop ppl aint get they 1st payment. Stop it
The writing's on the wall …. no round-2 direct payments, as presently proposed. Perhaps one more single direct payment, but that's it. Individuals will have to continue to "negotiate" with their creditors for "forbearance terms". The political push is to re-open as many businesses as possible (regardless of the risk.) People will be drawn into this, as there is basically no alternative. Trump has washed his hands of the whole matter by terminating the administration's COVID-19 task force, thereby placing the onus on the states to "battle it out".
Prepare for Corporate Facist takeover and banks accuiring the Private Sector !!!! These self proclaimed economists are not telling you the straight skinny.
I'm sorry you are so damn fine I could watch you all day long 😘
We can always revolt it's time to take the power from these clowns
What a mess is a disaster
Check finally came very grateful to god
U just need to stay cute and keep us informed!
We deserve more money. But lets be real i doubt we will get it 😂 They dont care about us 👍🏽
You tax/finance/money guys on YouTube are being unfair to the Senate.
The Senate can't really do anything or hold hearings on a non existant House bill. The House still hasn't come back from recess.
The Reason the House needs to go forst is because the new stimulus package will most likely contain tax tweaks and provisions.
On issues of taxation, the House of Representatives must originate a bill.
You people are hopeless;,always waiting for a savior
senate dose not care about anyone but the selfs
You are adorable ❤️ Thank you for taking the time to update us. God bless 😇
great content
When President Kennedy was in office he took care of the American people
It is clear you don't have kids
I do need money $2000 per month right now. I use money to look for new job or new action
Fed in debt US in debt States in debt People in debt…… checkmate
Dude thanx for being there I found a spider in my closet I don't feel so alone anymore but I'm still gonna watch your channel and thank you for your time with us
How will the rent free for 6 month work. And who will be able to do it
This has impacted my life fourlough unemployed 40 yrs at job 61 need help
You're welcome