The Economic Injury Disaster Loan (EIDL) program is a loan and grant program offered by the U.S. Small Business Administration (SBA) to help small businesses and non-profit organizations recover from economic injury caused by a declared disaster. The EIDL program provides two types of financial assistance: EIDL loans and EIDL…
As anticipated, President Biden once again extended the forbearance on federal student loan payments to January 31, 2022. Here is the Press Release. Special emphasis is given that this will be the FINAL extension. Remember, this has no effect on private student loans.
Now that we are starting to see eviction moratoriums end, I thought this was a good time to discuss how a bankruptcy can be used to gain more time if needed especially for higher wage earners that haven’t found employment yet – perhaps technology has displaced their jobs for instance.…
We have five seminars that our attorneys are presenting at this month and next! Bankruptcy Updates: COVID-19 Changes to the Bankruptcy Code – The Consumer Bankruptcy Reform Act of 2020, April 26, 2021 SD FL Student Loan Program Virtual Workshop, May 10, 2021. Unpacking Medicaid Planning for the Non-Planners, April…
Today, President Joe Biden is extending a moratorium on home foreclosures for federally backed mortgages until June 30, after previously setting the expiration date at the end of March. Biden also announced the expansion of a mortgage relief program, pushing the window to request mortgage forbearance until the end of…
Let’s be frank. If you have more than $10,000 unsecured debt, it may be better to use any stimulus monies to discharge all of your unsecured debt by filing a chapter 7 bankruptcy, rather than simply put it toward the interest that continues to accrue. If this is your best…
Are you tired of endlessly paying on your student loans, only to see no headway at all being made? I wrote this article for our local Cramdown publication for Tampa Bay attorney advocates and bankruptcy attorneys – these are tips that everyone should know about and ask their advocate for…
Did you know that simply having a mix of accounts is 10% of your overall credit score?! A mix of accounts can show that you know how to manage all types of credit. It is good to have a history of repaying an installment loan, such as a car or…
This week I received an email from a borrower who believed that she didn’t have to make her private student loan payments due to COVID and the CARES Act. Not true. While many private lenders have indeed voluntarily agreed to forbearance of two to six months per a recent Wall…
The TBBBA is entering the Zoom age for the Consumer Lunches starting at Noon August 4 and continuing the first Tuesday of every month. The Zoom coordinates will be sent later in a TBBBA email blast. It’s bring your own lunch – but no commute! CLE credit. First up is:…