The COVID-19 pandemic has dealt a double-edged blow to the U.S. economy. More than 30 million workers filed for unemployment benefits during the first two months that the coronavirus gripped the country. Although no one could have predicted such a national economic crisis, there are some prudent measures you can take to manage your credit, even if you’ve been laid off or have seen your income reduced significantly.
During an economic downturn, replacing the income you’ve lost can be a challenge, but you can take specific actions to help overcome debt fears, such as:
By working with an experienced lawyer, you can gain an informed perspective on your debt and credit matters. Moreover, he or she can represent you in a negotiation, a bankruptcy filing or some other aspect of your overall financial strategy.
The Law Office of David A. Fernandez, P.C. provides knowledgeable counsel on bankruptcy and other methods of debt relief. To make an appointment with a qualified attorney, please call 713-893-8509 or contact the firm online.
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