Real Estate

Reform bankruptcy laws before Covid debt comes due


Handmade signs litter the ground after an anti-eviction protest outside a Mount Rainier, Maryland, apartment complex on Aug. 10, 2020.

Leah Millis | Reuters

Even with the latest coronavirus relief bill, the economic stresses from the pandemic will continue to mount. An assortment of federal, state, and local foreclosure, eviction, and debt collection moratoria have kept creditors at bay, and unemployment insurance has helped many families to stay afloat.

But neither the collection moratoria nor unemployment insurance will last forever, and they are likely to lapse as Covid-19 wanes. That’s when the bill will come due.

Collection moratoria merely stop collection actions; they do not cancel…


World’s largest cement firm inks deal to focus on solar, green roofs

Previous article

Crocs shares soar on raised sales outlook through 2021

Next article

You may also like

Leave a Reply

Notify of

More in Real Estate