In the Media
“If someone can’t pay their bills at all due to sickness or disability, they should notify their lenders right away,” says Howard Dvorkin, CPA and chairman of Debt.com.
“Look over utilities and insurance bills to make sure you’re getting the best rates,” said Howard Dvorkin, chairman at Debt.com.
“Don’t spend money on any services you can do yourself — like yard work or maintenance,” said Howard Dvorkin, CPA, chairman at Debt.com.
Howard Dvorkin, CPA and Chairman Debt.com, told FOX Business that it may be hard to separate what was paid for with PPP loan money and what wasn’t for both business owners – and auditors.
Howard Dvorkin, CPA and chairman of Debt.com, says that car insurance companies are also offering their customers COVID-19 relief because they want to retain customer loyalty and keep their patronage, so expect to pay lower car insurance premiums as long as the pandemic continues.
“Bankruptcy is confusing for a couple of reasons. First, it’s a legal proceeding. Second, it’s regulated by federal law. So combine the courts and the government, and what you get is not simple.”
“Before the pandemic, the federal government estimated each American household spent more than $3,000 a year on dining out. With this pandemic-fueled economic uncertainty, it’s a sure bet we’re all spending less on anything that’s not absolutely necessary,” says Howard Dvorkin, CPA and chairman of Debt.com, a credit repair and debt management site.
Here’s how Howard Dvorkin, a certified public accountant and chairman at Debt.com, explained it: “Refinancing a parent PLUS loan in a parent’s name usually saves the parent more money because they tend to have better financial histories and are more creditworthy than their kids.”
“Contact your landlord and discuss a deferred payment plan,” said Howard Dvorkin, a certified public accountant and chairman of Debt.com. “This is definitely worth a shot, as most landlords do not want to pay the fee to file a lawsuit, go to court, and find a new tenant.”