Many mortgage and credit card companies have offered deferment programs to allow for bills to be skipped during the quarantine. However, this may mean that the term of the loan will be extended or the borrower may be liable for paying an interest only payment. If the borrower is able to continue making payments, this will avoid additional interest or a longer term on the loan. If you need assistance applying for or negotiating with your lenders, The Next Steps Law Firm can prepare an action plan or negotiate on your behalf.
Eviction Diversion Program (EDP) is a program to help tenants that fell behind on their rent due to the pandemic. This program provides quick rental assistance through a court process to avoid eviction. Local Housing Assessment and Resource Agencies (HARAs) evaluate individual's situations to determine whether they qualify for the program. To learn more about the program, visit MSHDA's website at https://www.michigan.gov/mshda/0,4641,7-141-5555-533463--,00.html
Federal Student Loans have been automatically placed in an administrative forbearance, which temporarily allows the borrower to stop making the monthly loan payment from March 13, 2020 through September 30, 2020. This means that borrowers should TALK TO THEIR LENDERS. This program only applies to certain federal student loans. For more information, visit https://studentaid.gov/announcements-events/coronavirus
If the borrower is able to continue making payments, any amount that is able to be paid will reduce the principal and any accrued interest. Also, it is important to renew any repayment plan due to expire to avoid a lapse.
The maximum unemployment benefit in Michigan is $392 per week. Under Pandemic Unemployment Compensation, self-employed, independent contractors, low wage workers, and individuals with a limited work history may qualify for unemployment benefits. For more information or to apply for unemployment in Michigan, visit https://www.michigan.gov/leo
Many schools are providing meals to their students. WIC is providing virtual appointments. DHHS is conducting telephone interview. Please visit the DHHS Website (Food, Medical, and Emergency Utility Assistance) at https://newmibridges.michigan.gov orthe
Jackson Department of Aging – Meals on Wheels (517) 788-4364 for more information on how to apply for benefits.
The Jackson County Department on Aging is closed. However, the Meals on Wheel program is still operating. For more information, call 517-788-4364.
For other available community resources,
There may be times when the courts close to the public due to different COVID related reasons. Depending on the court procedures, individuals may be able to schedule an appointment, appear by Zoom (or other video program), mail in court filings, or request copies of documents by the phone.
The Next Steps Law Firm can assist with navigating through these new procedures.
The Coronavirus is affecting everyone differently. Now may be the time perfect time to update any estate planning documents that you currently have or to finally create the Medical Power of Attorney (aka Patient Advocate forms) that you may have been putting off. These documents can be done virtually through email, mail, and virtual meetings.
Contact The Next Steps Law Firm today to learn more.
If you have exercise all of the steps listed above to preserve your financial viability during this hardship and you cannot make it through, bankruptcy may be an option.
If you are considering bankruptcy, The Next Steps Law Firm can talk you through your options.
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Disclaimer: All information provided on this website is for informational purposes only and is not meant to be used as legal advice or to create an attorney-client relationship with the website user. All third-party websites are provided as external resources. The information provided on a third-party website has not been reviewed by The Next Steps Law Firm and therefore is not in anyway a representation of advice or endorsement of this firm. The Next Steps Law Firm site is used for advertising the firm's services only. Please contact us if you would like to have The Next Steps Law Firm, PLC discuss your legal matter with you.