By Paul Kiel and Jeff Ernsthausen, ProPublica Earlier this year, the pandemic swept across the country, killing 100,000 Americans by the spring, shuttering businesses and schools, and forcing people into their homes. It was a great time to be a debt collector. In August, Encore Capital, the largest debt buyer
By Adam S. Minsky, Esq., Forbes President Trump on Tuesday put the brakes on any further stimulus negotiations in a series of Tweets. “Nancy Pelosi is asking for $2.4 Trillion Dollars to bailout poorly run, high crime, Democrat States, money that is in no way related to COVID-19,” the President
By Kery Murakami, Inside Higher Ed The pause on making student loan payments passed by Congress and extended through the end of the year has thus far helped improve the credit ratings of borrowers, according to a study released today by the Urban Institute’s Center on Education Data and Policy.
By Alex Roha, Housing Wire Following previous natural disaster recovery patterns, mortgage delinquencies are not expected to return to pre-pandemic levels until March 2022, according to a report from Black Knight. If trends persist, the data service provider estimates once the first wave of forbearances hit their 12-month expiration in March 2021, there
Description: Typically, no one wants to file for bankruptcy. If you are struggling to meet your financial commitments and the COVID-19 pandemic has made it insurmountable for you, bankruptcy can be the right solution to handle your debts. Listen to Attorney Brian Figeroux explain how bankruptcy can be your financial
By Megan Leonhardt, CNBC Most voters do not believe the U.S. will quickly rebound from the recession caused by the effects of coronavirus pandemic. In fact, about 65% of registered voters expect the U.S. economy to take more than a year to recover. That’s according to a new survey bill pay
By The Economist TO SAY THAT the pandemic has been hard for the American economy would be putting it mildly. The unemployment rate, which stood at just 3.5% in February, is now 7.9%; there are 10.7m fewer jobs today than there were six months ago; a quarter of the workforce
It may seem like there is never a good time to file for bankruptcy, but with the holidays sneaking upon us, it may seem like now is one of the worst times. If you’re struggling financially, money can be the last thing you want to think about during a time
Description: We are living in unprecedented times: Pandemic, financial stress, racism and social injustice. In these times, now more than ever, you need the right attorney. Trump is trying to destroy immigrants. Your Green Card is your biggest investment. Don’t fool around. Get the right information from the right attorney
By Janet Howard Derek and his wife were doing pretty good: two-family house with a mortgage, two vehicles, two credit cards, decent jobs, two kids in college. Then the pandemic hit, and his wife, Joyce, lost her supervisor job at a hotel in Manhattan. Suddenly, they were no longer doing
