Debt Concerns During COVID-19

The COVID-19 pandemic has had a significant impact on our economy, and many Americans have unfortunately found themselves in debt. Our bankruptcy attorneys can work with you to help ensure that the pandemic does not leave you in financial ruin.

“Hi, I’m Todd Cushner bankruptcy attorney with the Law Office of Todd Cushner & Associates in White Plains. During this period of COVID people are concerned about medical issues and the health and wellbeing of their families. But there is another concern that is important as well and that is the economic impact of COVID. People ask me all the time, “I don’t know who to pay, or how to pay, when to pay.” And I have an answer for you. There are three types of debt in this country. Secure debt, your home, your mortgage, your car payments. Priority debt, taxes, fines, penalties. And unsecured debt, that’s everything else. That’s your credit card bills, your medical bills, and any other bill that comes into you. I suggest that you pay your secured debt first because you want a roof over your head, and you need that car to get to work. Priority debt comes second because that is the highest interest rate you can possibly pay. The IRS can go as high as 29% and sometimes more on unpaid debt. So, we want you to take care of that right away. The least important debt that you have is your credit card debt, medical bills, and things of that nature, what we call unsecured debt. That’s something that I can help you completely eliminate through Chapter 7 or Chapter 13 bankruptcy. So, at your convenience give me a call at (914)600-5502. Let’s set up an appointment and I’ll show you how I can help you maintain your financial stability through this COVID period.”

Stress Free Debt Relief

At Todd Cushner & Associates, our bankruptcy litigation experts have helped countless families and individuals in White Plains get rid of their debt and find financial stability. Contact us today to schedule a free consultation.

 
This entry was posted in Bankruptcy Protection, Firm News. Bookmark the permalink. Follow any comments here with the RSS feed for this post. Both comments and trackbacks are currently closed.