If you were already under financial stress prior to the impacts of Coronavirus, no doubt you’re only feeling more of it. Here are five things to consider.

  1. The economic slowdown is impacting everyone. You may find a more forgiving environment when all this unfolds.
  1. Look for any relief programs from the government or your creditors which may be developed during this crisis.
  1. Focus now on keeping yourself safe and your immediate needs.
  1. Take quarantine and other time to really take stock of your financial situation and prioritize your debts.
  1.  Consult a lawyer who specializes in bankruptcy to chart a solid path.

Although there is uncertainty right now and health is a top priority, bankruptcy can also help provide you an opportunity for a fresh start financially as you go through these difficult times. Contact us for more information at (480) 733-6800

 

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