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Collection Lawsuits & Default Judgments: COVID-19 Worries Still Affecting College Students


As COVID-19 seems to be getting more under control in the US, there is cause for cautious celebration in getting back to normal—or some new semblance of that, anyway. With vaccinations rolling out and many schools headed back into session, the younger generations are trying to get back on track in terms of studies, heading into careers, learning to manage their finances, and more.

Worries about COVID-19 still linger though. This is not surprising in light of the trauma that most of the US (and the world) endured, beginning in spring of 2020. Many Americans are still dealing with the aftereffects of being sick with the coronavirus, as well as mourning the loss of loved ones and friends who passed away during the pandemic. Unfortunately, finances weighed in heavily during that period of time. With tens of millions of workers unemployed and nothing but question marks in terms of when life would get better again, most people began to worry about the future. And while things may be looking up, recovering from severe money problems takes time.

Recent news shows college students are looking forward to the future but they are not completely over the darkness felt during the pandemic, whether because of health or financial problems. Statistics from recent studies show that a third did feel financial stress as well as throughout their families, with 19 percent expecting there to be residual debt to deal with due to the pandemic. One in ten lost their jobs during the pandemic, and 16 percent saw their hours cut as COVID-19 began to affect the US. Many say that they are having a hard time focusing on their academic work due to COVID-related stressors.

Across the country, these issues are likely to affect consumers and borrowers of all ages. Most likely, medical expenses are going to be the cause of most of the stress, however. While a common reason for filing bankruptcy before COVID-19, now more than ever people will be wondering if that is the best route.

If you are concerned about how to stop the runaway train of debt in your life, speak with a debt protection attorney from Fitzgerald & Campbell, APLC as soon as possible. You may have so many other options available to you, and it is critical to realize that in this current financial climate, creditors and debt collectors are more than happy to negotiate in many cases, allowing debts to be satisfied for mere pennies on the dollar.

If you have found yourself in the middle of a collection lawsuit, speak to an attorney as soon as possible to fend off the potential for a default judgment that could leave you with your wages being garnished, property being seized, and even control of bank accounts being taken over. These types of actions could unfortunately be a problem for up to 20 years too, if the debts are not paid off: the original default judgment is good for ten years, and then next one can be extended for that long too.

Speak with an attorney from Fitzgerald & Campbell, APLC as soon as possible to examine your options. Our attorneys have decades of experience in serving clients as they navigate through challenging financial situations, to include student loan issues, bankruptcy, and other debt management processes. We are here to help! Click here to schedule a free 30-minute consultation, call us at (844) 431-3851, or email us at

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