The Financial Effect of Covid-19 and Bankruptcy

This may be the time to evaluate the financial effect of Covid-19 and bankruptcy. Is bankruptcy the right decision for you and your family.  There is no doubt covid-19 has lingered longer than anyone has anticipated. The financial effects are devastating.  People are out of work, using their retirement and savings to make ends meet. Thankfully, most mortgage companies are working with homeowners. However, the unpaid mortgages will be added to the end of the loan. This will increase the amount of money paid in interest. 

For more information on bankruptcy and to learn if you should file a chapter 7 or a chapter 13, please contact an attorney to provide you with the law that will apply to the facts of your particular case. 

Call the law office of Schwam-Wilcox & Associates for your complimentary consultation today to see if bankruptcy is right for you and your family

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