“It’s going to explode.’ Bankruptcies could surge when coronavirus restrictions drop.”
APRIL 28, 2020 by Lexington Herald-Leader
Bankruptcy filings are currently down in the state of Kentucky, and while a decrease appears positive at first glance, many people are still having difficulty paying bills during these uncertain times. Although temporary financial relief has been provided from the government, Attorney John Simms explains why many of us might find ourselves needing the relief provided by bankruptcy after COVID-19 restrictions are lifted.
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