Bankruptcy Lawyers in Crestview, FL is Highlight Bankruptcy Due to COVID-19

Crestview, Fla. - Lewis and Jurnovoy is among the top bankruptcy lawyers in Crestview, FL highlighting bankruptcy across the nation due to the coronavirus (COVID-19). As the pandemic continues to sweep the nation the bankruptcy industry is anticipating a tidal wave of landlords with nowhere else to turn.

This rush is expected by experts in the field due to two main reasons. First, retailers around the nation are being forced to file for bankruptcy as shopping decreases and opening is limited if permitted at all. As retailers file for bankruptcy their case also allows the company to easily exit a multi-year lease. Causing landlords of shopping malls and other complexes to lose money unexpectedly with no may to make up for the loss.

Second, the government has issued a foreclosure band on properties across the nation and while this may be positive for homeowners and renters it is not positive for landlords. As the payments continue to build up with no sign of relief coming soon landlords are beginning to have a hard time staying afloat. Both scenarios have the bankruptcy industry close watching landlords as the tsunami may start moving in soon. Lewis and Jurnovoy is dedicated to keeping the local community updated on bankruptcy news as the pandemic continues to change the nation.

As a local bankruptcy lawyers in Crestview, FL Lewis and Jurnovoy know bankruptcy news is more important to the community now more than ever before. Martin Lewis and Steven Jurnovoy has been practicing bankruptcy law together since 1998. The focus of their law firm is representing individuals and sole proprietors in both Chapter 7 and Chapter 13 bankruptcy cases. For more information on updated bankruptcy news join them for Bankruptcy Hour every Tuesday at 7:00 pm CST on Blab TV or visit them online at www.lewisandjurnovoy.com.