Legal Protections For Debts Caused By The COVID-19 Impact
May 4, 2020 via Cheers Magazine
In addition to the obvious health concerns and risks of COVID-19, the pandemic has severely impacted individuals and businesses from an economic standpoint—particularly the restaurant industry. As states ordered restaurants and bars to close up shop to prevent further outbreak, on-premise operators were left with limited or no income.
These restrictions have left many entities wondering how they are going to pay mortgages, lines of credit, business loans, rent and other obligations for an extended period. But restaurants and individuals may have more protections than they think.
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