Wall Street Journal (March 29)
“The downward trend in personal bankruptcies bucks predictions by analysts and economists that disruptions from Covid-19 lockdowns and restrictions early in the pandemic would lead to a sharp increase in filings. Economists and bankruptcy lawyers say federal suspensions of evictions, home foreclosures and student-loan obligations have helped limit bankruptcies—though they worry bankruptcy rates could go up after aid ends.”
Tags: Analysts, COVID-19, Disruptions, Downward, Economists, Evictions, Foreclosures, Lockdowns, Pandemic, Personal bankruptcies, Predictions, Restrictions, Student loans, Trend
Forbes (July 7)
In the U.S., evictions could be the “next shoe to drop” as the pandemic continues to play havoc with the economy. “There are a confluence of factors that could result in wide-scale evictions this month” as enhanced unemployment benefits and eviction moratoriums are set to expire. The evictions could possibly extend to “millions of Americans.”
Tags: Confluence, Economy, Evictions, Havoc, Moratoriums, Pandemic, U.S., Unemployment benefits
