In what should be a surprise to no one, Bloomberg is reporting a spike in US homeowners that are delinquent on their monthly mortgage. Soaring unemployment related to the Covid-19 pandemic has left many homeowners struggling to pay their monthly mortgage. Homeowners are reminded that there are resources to assist you during this difficult time. Many bankruptcy lawyers in Henderson and Southern Nevada offer free consultations and can discuss your options.
Las Vegas, Miami, and NYC Reflect Account for Highest Spike in Month to Month Delinquencies: Foreclosure Attorney Las Vegas
Homeowners that are unemployed and struggling to meet their monthly mortgage payments should aware that they are not alone. John Ryan, Bankruptcy Attorney Las Vegas, Nevada, reminds homeowners that the federal government offers some relief. The federal program allows homeowners affected by Covid-19 an initial six month deferral without penalty. Consult consumer debt lawyer or bankruptcy law firm Las Vegas to understand your options.
Sharp Decline in Visitors to Southern Nevada and Governor’s Shut Down of the Famous Strip has Left Many Local Residents Struggling. Debt Lawyer Las Vegas
Nevada Governor Steve Sisolak’s decision to shut down the casinos along the historic LV Strip in response to the global pandemic has left many out of work. The Las Vegas Sun is reporting that the unemployment in Nevada is now 17% meaning that approximately 370,000 residents of the state are now out of work. With so many local residents out of work, Henderson Bankruptcy Attorney John Ryan fears many will not be able to continue making their mortgage payments.
Nationally, the Bloomberg article reported that the number of mortgage payments more than thirty days delinquent more than doubled to 6.45%. Consult with a Foreclosure Attorney Las Vegas or visit www.bankruptcyattorneyhenderson.com or call (702)800-9999.