During the recession caused by the pandemic, you probably received some sort of benefit from the government, such as stimulus checks, paused student loan payments or housing-related assistance. But you may still be experiencing financial hardship because of COVID-19’s impact on the economy. If so, you should consider taking advantage of additional debt relief options offered by banks, credit unions, credit card companies and other financial providers.
Many banks and credit unions are offering COVID-19 fee waivers to customers, canceling such charges as:
Keep in mind, these fee waivers don’t usually apply to monthly maintenance fees charged for certain account types.
Many banks and credit unions are also offering some form of relief for loan customers, typically in the form of deferred payments and fee waivers. There are few things to keep in mind:
Credit card companies are offering several types of assistance to card holders who have been under financial stress during the pandemic. Ask your card issuer if you are eligible to receive:
If stimulus checks and assistance from creditors aren’t enough to help you get through this difficult time, you should speak with a lawyer experienced in debt relief. At the Law Office of David A. Fernandez, P.C. in Houston, our attorneys are here to assess your situation and help you in any way we can. To get started, call 713-893-8509 or contact us online. We offer free initial consultations.
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