The CARE Act passed over the weekend extends the 60 day forbearance, interest waiver for all Direct Loans, and collection activities for 6 months. Until the Department of Education can update its rules to be CARE compliant, here is a summary of what to expect: Coronavirus and Forbearance Info for…
How do you determine if the COVID-19 federal law waiving interest applies to your federal student loans? The most recent changes are summarized here in a nice Q&A format: https://studentaid.gov/announcements-events/coronavirus. My take on all this: The Act suspends student loan payments and interest accrual through September 30. For those in…
Saved our family 5.0 stars Posted by ChristopherMarch 23, 2020 Our modest bank account was seized by a creditor with a 9 years old judgement against us. And we realized it while waiting in line at the grocery store trying to pay for supplies in the midst of the corona virus…
While our physical location is closed, our Arkovich Law team are hard at work at home filing motions to abate Chapter 13 Plans, Modifying Confirmed Plans, helping with our clients’ real estate needs, settling all sorts of debt, and assisting with estate planning needs. This blog is addressed toward…
Any hit to the real estate market in Tampa Bay is likely short-lived because of several factors: We still have an inventory shortage. Interest rates are at an all-time low. Even though people lost 30% or more of their stock account value we have NOT lost 30% or more of…
For you landlords out there or for your residential property managers, what about this idea for your tenants who are unable to pay rent? It allows a 50% reduction in rent to be paid by using escrowed deposits for two months, replenishment within 180 days, and extends the lease for…
One of our clients had a sale date on March 25, 2020 that was moved to May 20, 2020. While our clients had already moved out, they are very appreciative of the additional time to safely remove their belongings. There is a lot more relief to come! This benefits the…
My first consult this week was for a former client who just learned of a bank garnishment of his joint bank account with his wife from an old Cach final judgment that he thought was vacated and dismissed. The entire account was frozen. Plus his wife’s next check couldn’t be…
How do I make my mortgage payments for the next three months? When people asked and learned that I am able to work from home, they are a little envious. What they don’t understand is that one cannot “work from home” indefinitely. At some point, there will be no work…
I’ve noticed a great deal of anxiety about people who have put off getting essential documents in place: Durable powers of attorney, medical surrogate, living wills, regular wills and trusts. This includes not only POAs and medical care decision making, but also planning ahead for advice to protect hard-earned assets…