How You Should Handle a Sudden Loss of Income Due to Coronavirus скачать в хорошем качестве

How You Should Handle a Sudden Loss of Income Due to Coronavirus

How should you handle your creditors if you experience an unexpected drop in income, a layoff or loss of that part time job that was keeping you afloat? In March, 2020, the economy in Georgia and throughout the United States took a huge hit with the spread of the COVID-19 coronavirus. Over the course of a week, the narrative from Washington changed from “we have this under control” to “do not leave your home.” Professional sports leagues shut down, restaurants discontinued in location seating, airlines parked airplanes and just about every type of business was and is being affected. No doubt you are feeling the pinch. And as I discuss in this video, relief from the government - if it comes at all - will be short term and incomplete. Please also check out my blog post at https://www.thebklawyer.com/thebkblog... for more thoughts about how to proceed. Meanwhile, creditors may hold off pursuing collection for a short time, but you should assume that they will not be so quick to forgive late payments and defaults once the immediate crisis passes. While the unprecedented speed of the corona virus damage to our economy is, hopefully, a rare event, unexpected job losses or reductions in income are not so rare. No matter what the circumstances you need a plan to deal with your creditors. How do you handle the phone calls? Who do you pay first? When is it time to give up collateral? When might bankruptcy be an option? You may be surprised to learn that we usually do not recommend the bankruptcy option while your financial situation is unsettled. Bankruptcy works best when you can see with a high degree of certainty what you will be facing financially in the next six to twelve months. At Ginsberg Law Offices, we have been working with and counseling honest, hardworking men and women in the Atlanta area about financial problems for over 25 years. We are standing by to answer your questions and help restore your peace of mind. #coronavirusandbankruptcy #unexpectedlossofincome #strategiesforhandlingcreditors ===========FREE CASE EVALUATION========== If you would like me to analyze your finances please contact me at https://atlanta-bankruptcy-attorney.c... ========================================== ===============CONTACT ME================= Jonathan Ginsberg Atlanta Bankruptcy Attorney Website: https://atlanta-bankruptcy-attorney.com/ Facebook:   / ginsberglaw   Telephone: 770-393-4985 https://atlanta-bankruptcy-attorney.c... =========================================== **Click Below to SUBSCRIBE for More Videos: http://www.youtube.com/subscription_c...