List of Banks & Creditors Offering COVID-19 Financial Relief

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The spread of the coronavirus has crippled working Americans and put their financial future in jeopardy. As the nation begins to reopen, much uncertainty still lingers. The United States government rolled out stimulus checks and small business loans, and state unemployment programs have offered added relief until the end of July. Banks and creditors have […]

What You Should Do With Your Stimulus Check

Stimulus Check

On March 27th the United States government passed the CARES Act. The Senate approved a $2 trillion stimulus bill to keep the economy afloat and sustain Americans’ immediate needs amid the ongoing coronavirus pandemic. Unemployment claims have skyrocketed and broken previous records. In the last two months alone, more than 26 million people have filed […]

Bankruptcy Steps to Take After Quarantine

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If you’ve been considering bankruptcy, but the coronavirus pandemic has delayed your decision, here are some steps you can take now. The #QuarantineLife is first starting to end as U.S. businesses begin to open up. States are lifting COVID-19 restrictions at different paces. Even if you haven’t gotten out of quarantine yet, your state is […]

How to Prepare for the Next Recession

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Even before the coronavirus pandemic, economists were warning of a possible recession in 2020. Trade issues with China, economic declines in other regions, flat global industrial production, and increasing personal debt are just some factors that have been stressing the U.S. economy. The longest economic expansion in history appears to have ended, with 10 million […]

Protecting Your Credit During the Coronavirus Pandemic

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Health and safety are top concerns during the coronavirus pandemic, but aside from COVID-19, economic and financial issues are also taking center stage. Financial hardship is impacting millions of Americans. Protecting your credit is important for your financial future. Missing payments will lower your credit score, which can affect your eligibility for a new credit […]

Coronavirus Mortgage Relief in California

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As novel coronavirus has spread across the globe, COVID-19 has affected every aspect of life. The U.S. Department of Labor reported nearly 3.3 million people filed for unemployment in the week ending March 21, the highest ever recorded.1 In California, 1 million people filed for unemployment in two weeks.2 The virus is not only overwhelming […]

Coronavirus (COVID-19): CARES Act Bankruptcy Changes

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The Senate passed the Coronavirus Aid, Relief, and Economic Security Act (CARES Act) on March 25, 2020. Enacted on March 27, the legislation placed short-term restrictions on lenders and servicers of federally backed loans. It enforces mandatory forbearance obligations, moratoriums on foreclosures, and revises credit reporting obligations to help individuals and businesses facing financial hardship […]

Coronavirus: Renter’s Relief in California

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The economic fallout of coronavirus is affecting tens of millions of Americans. In addition to those who have become ill with the virus, many have lost jobs, closed their businesses, and therefore struggling to pay rent. There are over 40 million renters and 30 million small business owners affected in the U.S., according to The […]