An Overview of the COVID-19 Pandemic and Filing for Bankruptcy

Bankruptcy Lawyer

During this unprecedented time of the coronavirus pandemic, many individuals and businesses are feeling the financial burden of reduced revenue. As we adhere to social distancing and heightened safety protocols, both individuals and businesses are seeing the drastic effects of this pandemic on their income. Here, the qualified bankruptcy attorneys at Grossbart, Portney & Rosenberg,…

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Forbearance Agreement

Forbearance and Foreclosure Moratorium: CARES Act Section 4022 180 Day Default Forbearance If you can pay your mortgage, you should usually pay your mortgage. Conversely, under the provisions of Section 4022(b)(2), a borrower with a federally-backed mortgage loan “experiencing hardship due, directly or indirectly, to the COVID-19 emergency” may request a forbearance to the borrower’s…

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