Thursday, April 30, 2020

Respected Pensacola Bankruptcy Attorneys Explore Possibility of Surge of Bankruptcy Cases when Restrictions are Eased

Pensacola, Fla. – Respected Pensacola bankruptcy attorneys, Martin Lewis and Steven Jurnovoy, have become a leader in issuing trustworthy guidance to their clients and community. Surprisingly, bankruptcy cases filed in Florida are currently below average compared to the average at this time last year. However, most attribute this low number to current restrictions, and unfortunately, most experts expect a surge in filings once travel and business restrictions are lifted.

Due to the CARES Act, which was passed in early April, many Americans received “relief” checks if their annual income deemed them eligible for the payment. These payments allowed many families to stay “afloat” during the coronavirus pandemic despite financial insecurity from job loss and business closures. Although many have been able to pay their financial obligations for the month, there is much uncertainty regarding the weeks to come.

Pensacola bankruptcy lawyers are predicting mortgage relief programs ultimately may increase bankruptcies as well. Federal, state and local governments have made efforts to allow people with home loans to delay payments without penalty, but some consumers may not realize that they will eventually have to make those payments.

The primary emphasis of the law firm of Lewis and Jurnovoy is in the representation of individuals in Chapter 13 bankruptcy, Chapter 7 bankruptcy, mortgage foreclosures, mortgage modifications and protecting against abusive debt collectors.

For more information about how to protect one's financial assets in this time of uncertainty, contact the offices of Lewis and Jurnovoy, P.A. at (850) 432-9110 or visit their website: www.lewisandjurnovoy.com.

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For more information about Lewis & Jurnovoy, PA, contact the company here:

Lewis & Jurnovoy, PA
Martin Lewis
(850) 432-9110
bankruptcylawyers.pcola@gmail.com
1100 North Palafox St
Pensacola, FL 32501

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