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Reboot Your Life: Tampa Student Loan and Bankruptcy Attorney Blog

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Penny Hoarder Interview on Federal Student Loan Interest Waiver due to COVID-19

We were interviewed by the Penny Hoarder this week in their story “How You Could Get a Temporary Break from Student Loans Due to COVID-19.” You should also check out our recent blog post “Watch Out for These Pitfalls that may come with Suspended Federal Student Loan Interest.” Under the…

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Suspension of Interest and Collections of Federal Student Loans due to COVID-19

The CARE Act passed over the weekend extends the 60 day forbearance, interest waiver for all Direct Loans, and collection activities for 6 months.  Until the Department of Education can update its rules to be CARE compliant, here is a summary of what to expect: Coronavirus and Forbearance Info for…

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Watch out for These Pitfalls that may Come with Suspended Federal Student Loan Interest!

How do you determine if the COVID-19 federal law waiving interest applies to your federal student loans?  The most recent changes are summarized here in a nice Q&A format:  https://studentaid.gov/announcements-events/coronavirus. My take on all this:  The Act suspends student loan payments and interest accrual through September 30. For those in…

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Small Business Payroll Protection Program Invaluable for COVID 19 Times:

  While our physical location is closed, our Arkovich Law team are hard at work at home filing motions to abate Chapter 13 Plans, Modifying Confirmed Plans, helping with our clients’ real estate needs, settling all sorts of debt, and assisting with estate planning needs.  This blog is addressed toward…

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Why the Tampa Bay Real Estate Market Will Outlast COVID-19:

Any hit to the real estate market in Tampa Bay is likely short-lived because of several factors: We still have an inventory shortage. Interest rates are at an all-time low. Even though people lost 30% or more of their stock account value we have NOT lost 30% or more of…

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Are You a Property Manager or Landlord Worried about your Tenants who are Suddenly Unable to Pay their Rent?

For you landlords out there or for your residential property managers, what about this idea for your tenants who are unable to pay rent? It allows a 50% reduction in rent to be paid by using escrowed deposits for two months, replenishment within 180 days, and extends the lease for…

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Bank or Wages Garnished Unexpectedly?

My first consult this week was for a former client who just learned of a bank garnishment of his joint bank account with his wife from an old Cach final judgment that he thought was vacated and dismissed.  The entire account was frozen.  Plus his wife’s next check couldn’t be…

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