MW: ‘It’s really a question of when.’ The coronavirus pandemic is about to spawn a surge in bankruptcies, experts say

MARKETWATCH writes:

The $2.2 trillion stimulus bill changed some rules on consumer bankruptcy.

One San Diego, Calif. man was getting his finances in order after divorcing his wife over a year ago. He had consolidation plans for approximately $30,000 in debt and was bringing in income as a rideshare driver.
Then the coronavirus pandemic battered America’s economy and, along the way, tipped the 52-year-old man into bankruptcy.

Doug, who asked that his last name …

The post MW: ‘It’s really a question of when.’ The coronavirus pandemic is about to spawn a surge in bankruptcies, experts say appeared first on The Loadstar.

Source: The Loadstar

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