CoronaVirus and Bankruptcy

Bankruptcy and CoronaVirus (COVID-19) are far more intertwined than you might first think.

Over the past few weeks, CoronaVirus has caused many business to reduce hours, or even close their doors.

The math is simple:

Decrease in business’ revenue = inability to pay workers’ wages = Job losses – or at least reduced hours - for thousands of Ohio workers.

Most of us Ohioans are living paycheck-to-paycheck; thus a reduction of income IN ANY WAY (job loss or reduction in hours) is likely to force Ohio residents to fall behind on rent payments, mortgage payments, car payments, credit card payments, medical bills, loan repayments, and the list goes on.

STRESSED? FIGHT BACK WITH BANKRUPTCY! Get a Fresh Start!

It is in these uncertain, difficult, scary, stressful times that the Bankruptcy code makes even more sense. Chapter 7 and Chapter 13 Bankruptcies give us A WAY OUT, A FRESH START.

Should we forever be burdened with the debts accumulated under such uncontrollable circumstances? NO! The Bankruptcy Code acknowledges this reality, and it can give you the fresh start you deserve.

This sudden, severe, and uncontrollable downturn in our economy is a perfect example of why the Bankruptcy Code exists. I urge all Ohio residents to take advantage of the powerful benefits that Chapter 7 and Chapter 13 Bankruptcies offer for situations like CoronaVirus.

This situation is not just affecting the individuals; everywhere you look, huge companies are also likely to call upon the power of the Bankruptcy Code to help them recover from these uncertain times. The power to fight back against the debt is available within the Bankruptcy Code.

Contact me, Bankruptcy Attorney Lucas Ruffing (740-815-1114 Call/Text), to find out how filing for the benefits of bankruptcy can get you a fresh start from the CoronaVirus economy.

Best,

Lucas Ruffing
Attorney
LucasRuffingLaw@gmail.com
740-815-1114