Back in April, I wrote about Student Loan Forbearance During Coronavirus under the CARES Act. Under the CARES Act, federal student loan payments were put on automatic forbearance by the U.S. Department of Education until September 30, 2020.
On August 8, 2020, with a little less than two months left on the original forbearance period,
The government is doling out more money than it ever has in response to an emergency, and it is doing it faster than ever before. From Economic Injury Disaster Loans (EDILs) to Paycheck Protection Program (PPP) loans to federal, state, and local grants through the Coronavirus Aid, Relief and Economic Security Act (CARES Act) –
They are calling it “the flush heard around the world.” I am calling it the “flush heard by the small minority of people who listen to live Supreme Court Oral Arguments.” Whatever it ends up being called, one thing is for sure: during a telephonic oral argument, a United States Supreme Court Justice flushed the
Now that the shock of business and court closures has started to wear off, we are beginning to ask ourselves, “Now what?” Fortunately, the Lancaster County Court is taking that question very seriously. It has started processing legal matters and holding hearings, particularly domestic relations or family law matters, via video conferencing.
The Lancaster County
With the stay-at-home directives implemented in response to the threat posed by COVID-19, we have all been spending a lot more time at home. For some, minor (maybe, major) adjustments had to be made to figure out how to handle being stuck in a seemingly cramped house with our families 24/7.
Even in the best
A few days ago, I noticed some unusual charges on one of my credit cards, including a $60 charge for Chipotle, which, while delicious, is not an establishment I have been frequenting during the quarantine. (Although I really could go for a carnitas bowl right about now.) It only took me a few minutes to
Due to the economic impact caused by COVID-19, hundreds of thousands of Pennsylvania residents have found themselves unexpectedly unemployed or underemployed. The federal and state governments have responded with changes to the unemployment compensation system to provide some additional economic assistance to qualifying employees. This article summarizes the changes, the process for applying for
On March 16, 2020, the Pennsylvania Supreme Court declared a statewide judicial emergency drastically reducing the functions of Pennsylvania courts in response to the COVID-19 pandemic. It then issued several subsequent administrative orders outlining the impact the judicial emergency will have on court functions throughout the Commonwealth of Pennsylvania.
In response, most county courts of
A key feature of the recently enacted federal CARES Act is individual stimulus checks that the federal government will pay to help ease the financial burden the COVID-19 pandemic has caused. The CARES Act refers to these payments as a “Recovery Rebate for Individuals.”
Here are some answers to common questions about these new changes.
On March 27, 2020, the president signed the CARES (Coronavirus Aid, Relief, and Economic Security) Act into law. One of the key provisions of the Act provides substantial relief for federal student loan borrowers.
The U.S. Department of Education has put together a guide to help students, borrowers, and parents navigate the Coronavirus forbearance process. The guide will continue to be updated as more information becomes available.
Federal Student Loan Payments Stopped
Under the CARES Act, federal student loan payments will automatically stop from March 13, 2020, through September 30, 2020. Note: This does not apply to private loans. If you have a question as to whether your loans are federal or private, contact your loan servicer.
During this time, auto-debit payments will be suspended. In some cases, loan servicers have accepted payments made after March 13, 2020. Any payments processed between March 13, 2020 and September 30, 2020, can be refunded by calling the loan servicer.
Continue Reading Student Loan Forbearance During Coronavirus – The CARES Act