The Reality of Covid-19 is Setting In

The Full Effect of Covid-19 is Beginning to Hit

For the past year, many Floridians have either shifted to work-from-home positions or have lost their jobs completely. While these jobs have not made a full comeback, evictions and repossessions have. This has created an unbalanced scale for many; and masses of households are starting to feel the full effect of what the pandemic has done to our local and national economies. 

While some households have managed to survive on a mixture unemployment and credit card debt, many are finding that the debt is starting to add up. Based on my consumer law experience, it becomes more difficult to deal with creditors once people get so far behind; the higher the mountain grows, the harder it is to climb. 

We, and many other firms, are predicting a wave of bankruptcies once the reality fully sets in. It is important to remember that filing for bankruptcy is not free. Our firm keeps the process as affordable as we can, however there is no way to avoid certain costs and fees. That being said, it is my professional recommendation that people who are facing financial stress schedule a consultation with the attorney of their choice (our financial consultation is free of charge), in order to better understand what you can do before the debt and expenses become unmanageable.