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You May Be Able to Get Financial Help From These Major Financial Institutions If You Have Been Negatively Affected by COVID-19

The Coronavirus pandemic has spread rapidly across the country and so has the need for financial aid and resources. Despite the stimulus check given to the American people over the last month, over 30 million Americans have registered for unemployment. This shows that, despite the stimulus package offered by the government, millions of Americans are still in desperate need of stimulus packages. However, several institutions and private businesses are offering financial help to people who have been negatively affected by the pandemic. We have accumulated a list of institutions you can go to for aid during this time.

Mortgage Payment Relief During COVID-19

The outbreak of the COVID-19 virus has had a huge effect on the world. In the US, many Americans are struggling with reduced income, offsetting debts, unemployment, and worse, keeping a roof over their heads. To help with this, the government has enacted the Coronavirus Aid, Relief, and Economic Security Act, with the main objective of providing financial relief options to Americans affected by this pandemic. In this article, we will discuss the mortgage aspects of the CARES Act in detail.

CARES Act Unemployment Benefits in Florida

As you are surely aware, the Federal Government passed the CARES Act which is intended to provide relief for Americans as they are affected by the Coronavirus pandemic.  While the Federal Government funds the Act and provides guidance on how to utilize the funds, it is up to individual states to decide how to allocate the money.  Florida’s portion of the funding which resulted from the act is $4.1 billion.  All eligible individual Americans received $1200 (depending on income), married couples received $2400, and additional funds were allocated to parents with children.  The cash distribution was only one part of the CARES Act.

Bankruptcy in the Wake of Coronavirus

People all over the world are facing financial strain because of the Coronavirus pandemic.  It may feel as though you will never recover or that you will lose everything because you cannot afford to pay the bills.  There are many ways to get the help you need and there are tools to help you get out from under the crushing weight of debt.  Your financial burden is not permanent.  Here are some things to consider.