New Law Helps Veteran Business Owners | Law Firm Newswire

New Law Helps Veteran Business Owners

Legal Help for Veterans is a law firm helping veterans get the benefits they deserve.

Northville, MI (Law Firm Newswire) March 27, 2019 - A new law signed by President Trump earlier this year will help veteran entrepreneurs start and build their businesses.

The Veterans Small Business Enhancement Act adds veterans to the list of people eligible to receive federal surplus personal property, such as office furnishings, scientific equipment and heavy machinery. Other beneficiaries of this unclaimed surplus property are female and minority business owners, as well as Veteran Service Organizations (VSOs) like the American Legion and VFW.

The legislation was introduced by Senators Tammy Duckworth, D-IL, John Kennedy, R-LA, and Dick Durbin, D-IL. It has widespread support from both parties and VSOs nationwide. According to Senator Duckworth, there are over two and a half million veteran owned businesses with more to come in the future as many of the men and women who served during the conflicts in Iraq and Afghanistan are ending their military careers and entering the private sector.

The General Services Administration distributes federal surplus personal property in partnership with the Small Business Administration and other agencies. When the federal government no longer needs the extra items it passes them along to entrepreneurs. This saves the government the cost of disposing of or keeping up the items, which can be in the millions of dollars. By using it to help small business owners instead, it stimulates the economy and creates jobs.

Lead Attorney for Legal Help for Veterans and military veteran, James G. Fausone, says “We need to do everything we can as a country to help our military service men and women succeed in their civilian lives. Allowing them to benefit from federal surplus property could really help a veteran start a business.”

Fausone himself may have been able to benefit from this new law at one point in his career. He is an experienced attorney who works with veterans to solve a variety of legal issues at Legal Help for Veterans, his firm in Northville, Michigan.

Legal Help for Veterans, PLLC
41700 West Six Mile Road, Suite 101
Northville, MI 48168
Toll Free Phone: 800.693.4800

  • Getting benefits for military sexual trauma
    As unfortunate as it is, many service members will experience some form of sexual assault, harassment or other trauma during their time in the military. These experiences have a profound effect on the survivor and could potentially qualify them for compensation and other benefits from the Department of Veterans’ Affairs. Military sexual trauma (MST) can […]
  • Free Counseling for Michigan Veterans
    The Michigan Veterans Affairs Agency announced on July 1st that Michigan veterans and their families will have access to free financial counseling. This pilot program is being provided by GreenPath Financial Wellness Inc., which is a nonprofit financial counseling organization. This program has an initial agreement that runs through the end of September 2020. At […]
  • VA will pay Army vet $40,000 in back benefits
    A disabled Army vet from New Jersey will soon be paid $40,000 in back benefits from the Veterans Administration. Ronald Choplinski, 71, was awarded the money after the VA Board of Veterans’ Appeals decided in January 2018 to upgrade the severity of his disability and that he should have been compensated for it earlier than […]
  • Study finds brain changes for veterans with TBI and PTSD
    A new study recently published by the Journal of Head Trauma Rehabilitation found that veterans and active–duty military personnel with combat-related post-traumatic stress disorder and mild traumatic brain injuries have larger amygdalae than others who only have brain injuries. The amygdala is the area of the brain associated with emotions, especially fear, anxiety, anger and […]

See other news sources publishing this article. BETA |



Get headlines from Law Firm Newswire sent right to your inbox.

* indicates required