The Federal Government’s Focus on Debt Collection Post-COVID

When the pandemic began early last year, the government extended aid to families and businesses everywhere. Funding was provided, payments were deferred, and many people were temporarily spared from facing eviction. Now that the workforce is beginning to restabilize, creditors and other institutions that are owed a balance from individuals are pushing harder for repayment. In many places rent moratoriums have expired, allowing landlords the right to evict for nonpayment. Many people are being forced to prioritize payments to bring down either their consumer debt or medical debt, and it is not uncommon for them to prioritize their mortgage or rent payments over a credit card bill.

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