Our top priority in this time of uncertainty is protecting the health and safety of our employees, clients, friends and families. Our office will remain open, but we are primarily working remotely. Essential personnel are in the building, but in their own isolated suites. We believe it is prudent to limit in-person meetings and settlement conferences during this time. Currently, the best way to communicate with us is through emails and telephone calls. Be assured that our technology allows us to provide the same seamless service you would have if everyone were here in person. If an in-person meeting is required, we are strictly adhering to CDC Guidelines. We are posting regular updates on how COVID-19 affects family law issues on our blog and our Facebook page.

The McCarthy Law Firm, PLLC

Turning Stress Into Solutions™

Student Loan Relief During COVID-19

Talk about adding insult to injury: You lost your job in the pandemic, but you still have to pay back those student loans that you borrowed to get a good job. It doesn’t seem fair.

Fortunately, there may be some relief.  If you have a qualifying federal student loan, all payments are deferred until September 30, 2020. Please contact your loan servicer to see if you qualify – eligibility may depend upon who owns your student loans (the federal government sells some loans to private lenders, and this may affect eligibility), the type of federal loan, and whether you were current on your loan payments as of March 13, 2020.

In addition, you MUST contact your loan servicer and let them know you intend to pause payments. The CARES Act provides additional benefits for borrowers and grant recipients as well so check with your loan servicer or school administration, along with Federal Student Aid for more information.

This blog is intended to just highlight the various rescue programs that may be available to you and is not intended to substitute for professional tax or legal advice. The McCarthy Law Firm is not a loan servicer or accounting firm. Additionally, there are detailed regulations concerning each person’s eligibility and terms of repayment. Please check with your tax advisor and/or your loan servicer regarding your specific situation.

Message from The McCarthy Law Firm​

The McCarthy Law firm is a full service family law firm that services all family law issues. If you are going through a divorce or have questions about filing for divorce, or asset and debt division, we are here to assist you. Please call us at 520-623-0341 to explore your options.

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