As the federal government gets ready to start sending stimulus payments to millions of Americans in mid-April of 2020, this office has become aware of a mini-movement among a group of bankruptcy attorneys looking to frighten debtors (i.e. their potential clients) into worrying about the payments being scooped up by debt collectors seeking so-called “garnishments.” […]
Tag Archives: Stimulus
Massive mortgage bailout bill comes with some catches
Homeowners who are struggling with their finances while “stay-at-home” orders are in effect and shut downs affect most businesses got some relief in late March of 2020 when the CARES Act was signed in to law. The $2 trillion dollar bailout package, designed to float the economy while the United Staes battles an unseen enemy, […]
How the federal stimulus law will affect Chapter 13 debtors
In response to the unprecedented impact from business shutdowns ordered to battle the Covid-19 virus during the spring of 2020, Congress passed a massive $2 trillion dollar stimulus package in late March. The new bill, which was debated for about a week on Capitol Hill, was quickly signed in to law by President Donald Trump […]