We had all hoped that the pandemic would be over by now. Unfortunately, many problems remain. Here is the current status of relief:
Mortgages – Forbearance requests can be made until September 30, 2021. Here is more information on the steps you need to take.
Student Loans – Federal student loans are in forbearance until January 31. 2022. Beginning February 1, 2022, you must restart your regular payments.
Medical, credit card, and signature loan debt are the least important to pay. Your home, transportation and student loans are all critical debt. The first step is figuring out what you need to do to protect the essentials. If there’s not enough money to pay credit card, signature loan and medical debt, consider talking with a bankruptcy lawyer to learn your options.
Cross Stone Law is a bankruptcy law firm serving individuals and small businesses. Carol Cross Stone is a bankruptcy attorney who helps people and businesses file for bankruptcy. Carol has practiced law for over 35 years. She limits her practice to bankruptcy.
Under federal law, Cross Stone Law is a debt relief agency. We help individuals and business file for bankruptcy relief under the Bankruptcy Code.