Panama City Attorneys Discuss Post-Pandemic Debt Relief

Panama City, Fla – During the pandemic, many businesses were shut down or saw a significant drop in sales, and individuals suffered job losses. As a result, credit cards and loans became more popular forms of payment for those struggling to pay expenses, leading to a large accumulation of debt across the country. As life is slowly returning to normal and people are going back to work, many are now facing the struggles of paying back large amounts of debt. Panama City attorneys Martin Lewis and Steven Jurnovoy are looking at this issue and forms of debt relief that are possible for those dealing with debt.

Unfortunately, in some cases, those struggling with large amounts of debt will often forgo basic needs such as meals or necessary medicine in order to make payments to creditors. Thankfully, there are bankruptcy laws in place to allow people to pay for the essentials. Filing for bankruptcy can be a powerful tool for debtors to regain control of their finances.

“Our number one concern when determining whether a client must file for bankruptcy is his or her ability to pay living expenses. A lot of people will skimp on themselves, to pay creditors,” stated Martin Lewis, local bankruptcy attorney.

Taking the problem of financial issues head-on is the best way to resolve the situation. Bankruptcy laws are in place to help debtors get back on solid ground, and consulting a professional attorney is the best way to assess all options.

Lewis and Jurnovoy are experts in the field of debt consolidation and have a proven record across the Florida Panhandle for helping clients resolve financial situations. They are committed to ensuring that their clients make knowledgeable decisions and choose the best course of action according to their specific situation. For further inquiries or to ensure the smoothest process possible when filing for bankruptcy, give the offices of Lewis & Jurnovoy, P.A. a call today at (850) 913-9110 or visit them online at www.LewisandJurnovoy.com.