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What Happens When Covid Mortgage Forbearance Ends?

If you received financial relief through the federal government’s Covid mortgage forbearance program and it hasn’t already ended for you, it will soon. The CARES Act provided a mortgage payment forbearance option for all borrowers who, either directly or indirectly, suffer a financial hardship due to the coronavirus (COVID-19) national emergency. A forbearance is a temporary postponement or reduction of mortgage payments. It is not payment forgiveness. You must decide what happens next. Tha... CONTINUE READING

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    How Can Bankruptcy Help the Elderly Stop Paying Credit Card Debts?

    Financial difficulties have been affecting people more and more, and that includes senior citizens. The need for elderly credit card debt relief is growing. When you look at the statistics, that’s no surprise. Nearly 4 million adults aged 65 and older had unpaid medical bills in 2020, according...