Help Available for L.A. County Property Owners Facing Foreclosure

first_img Make a comment Name (required)  Mail (required) (not be published)  Website  CITY NEWS SERVICE/STAFF REPORT Pasadena Will Allow Vaccinated People to Go Without Masks in Most Settings Starting on Tuesday Top of the News More Cool Stuff Community News Get our daily Pasadena newspaper in your email box. Free.Get all the latest Pasadena news, more than 10 fresh stories daily, 7 days a week at 7 a.m. Business News Property owners and landlords with 15 or fewer units can access help to avoid foreclosure through the Los Angeles County Disaster Help Center, county representatives announced Tuesday.“We recognize the COVID-19 health emergency has resulted in significant job loss and loss of income for thousands of L.A. County property owners,” said Joseph M. Nicchitta, director of the county Department of Consumer and Business Affairs. “As a result, the number of property owners seeking foreclosure avoidance will increase. Los Angeles County is rising to meet that challenge and provide property owners with some much-needed relief by offering expanded foreclosure prevention services.”Free one-on-one counseling and support is available for property owners who have been adversely affected by the ongoing coronavirus emergency. Borrowers with loans owned by the government, a national or state charter bank or private institutions may be eligible for temporary relief.Counselors fluent in multiple languages are available to help property owners work with lenders to:— temporarily reduce or delay payments;— modify loans to decrease payments, drop the interest rate or extend the length of the loan; and— agree to a short sale to sell the home for less than you owe and settle the debt.Some lenders have programs of their own in place and others may be restricted from initiating foreclosure proceedings during the health emergency.Counselors can assist in filing complaints for violations of various city, state, county and federal foreclosure moratoriums.More information is available by calling the L.A. County Disaster Help Center at 833-238-4450, emailing [email protected] or at Herbeauty12 Most Breathtaking Trends In Fashion HistoryHerbeautyHerbeautyHerbeautyInstall These Measures To Keep Your Household Safe From Covid19HerbeautyHerbeautyHerbeautyYou Can’t Go Past Our Healthy Quick RecipesHerbeautyHerbeautyHerbeauty10 Secrets That Eastern Women Swear By To Stay Young LongerHerbeautyHerbeautyHerbeauty10 Vietnamese Stunners That Will Take Your Breath AwayHerbeautyHerbeautyHerbeautyHe Is Totally In Love With You If He Does These 7 ThingsHerbeautyHerbeauty EVENTS & ENTERTAINMENT | FOOD & DRINK | THE ARTS | REAL ESTATE | HOME & GARDEN | WELLNESS | SOCIAL SCENE | GETAWAYS | PARENTS & KIDScenter_img 27 recommended0 commentsShareShareTweetSharePin it Subscribe Community News Help Available for L.A. County Property Owners Facing Foreclosure CITY NEWS SERVICE Published on Tuesday, April 14, 2020 | 4:35 pm STAFF REPORT First Heatwave Expected Next Week STAFF REPORT Pasadena’s ‘626 Day’ Aims to Celebrate City, Boost Local Economy Your email address will not be published. Required fields are marked * faithfernandez More » ShareTweetShare on Google+Pin on PinterestSend with WhatsApp,Donald CommunityPCC- COMMUNITYVirtual Schools PasadenaHomes Solve Community/Gov/Pub SafetyPasadena Public WorksPASADENA EVENTS & ACTIVITIES CALENDARClick here for Movie Showtimes Community News Home of the Week: Unique Pasadena Home Located on Madeline Drive, Pasadenalast_img read more

Britvic and AG Barr form new business

first_imgBritvic and AG Barr have agreed a merger deal worth around £1.4bn.Announced as part of a webcast this morning by Gerald Corbett, chairman of Britvic, the move will see the new Barr Britvic Soft Drinks business becoming one of the biggest soft drinks manufacturers in Europe.Based on the values of each company, shareholders at Cumbernauld-based AG Barr, which produces Irn-Bru and Tizer, will own 37% of the newly-merged group. Investors at Britvic, known for its Robinson, Tango and Pepsi drinks brands, will take the remaining 63% share of the business.Corbett said: “The complementary nature of the businesses – in terms of brand portfolio, geographical presence and the channels in which we excel – offer a unique opportunity to create a stronger business with enhanced growth potential.”Corbett will move into the position of chairman at Barr Britvic Soft Drinks, while Roger White, chief executive of AG Barr, who has headed up the firm since 2002, will lead the new group. John Gibney, Britvic’s finance director has been appointed as the company’s chief financial officer.Simon Bittlestone, managing director at business analysis firm Metapraxis, said: “Mergers and acquisitions activity has been much reduced in recent years, but today’s announcement of the merger between soft drinks companies Britvic and AG Barr is a reminder of the potential for such deals to improve the commercial position of firms and generate synergies to drive increased shareholder value.“A merger of this scale has huge implications for information to run the enlarged business. Selecting and then implementing information systems for the new organisation typically takes several years. Meanwhile, board members, senior executives and managers need access to the right data and performance insights, so they can make fully informed decisions rapidly and achieve the anticipated benefits of the merger.”last_img read more