Quote:
Originally Posted by SSM_DC5
^so you deferring payment like what Obsidian is seeing? Or you signed up for CECRA?
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Most of my portfolio is in US, so CECRA doesn't apply.
It's not a deferral, but neither is a waiver on the total, it's just a way we could both operate as far as our businesses go.
However, I said the detail isn't important as everyone's case is different. What's important is get in touch with your LL and start talking if you foresee your business could fail. Setup parameters/conditions of certain things kicking into effect, and those conditions are sth both side can work with while both side need to take a bit of hit.
Basically, by doing nothing, the END can come sooner than one expects and really it's in nobody's best interest. And the idea is to do everything possible to either find a solution or ride out the crisis.