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Unemployed about to lose extra $600/week. Then what?

7/7/2020

 
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​Thousands of Tennessee families are about to feel the real impact of unemployment. The additional $600 per week (via FPUC) for unemployment claimants comes to an end Saturday, July 25th. Eligible claimants still unemployed as of the 26th will stop receiving their extra $600 per week at that time.
 
The extra $600 is at the center of a political debate, as one side suggests it's necessary during this crisis, not only for the families who benefit, but also to purposefully keep folks at home to curb the spread of the virus...while the other suggests it acts as an incentive to stay unemployed, to not look for a job.
 
Unemployed Tennesseans however, ask 'what job?'  A large part of Tennessee's employment base is in the service industry, and as restaurants, bars, retailers, and other service-based businesses have been severely impacted...so have the employment opportunities.

Regardless of the viewpoint, the fact remains that currently, many Tennessee families stand to lose the $2,400 per month they had become accustomed to receiving, and the financial impact will be real.
​ 
At the law office of Verner Smith, we are encouraging families affected, or about to be affected by this crisis to contact us and leave their name, email address, and phone number.  We will continue to be in contact and when you need help, we will be here and ready to assist. 
 
If you feel your financial situation is out of control...contact us for a FREE CONSULTATION for debt resolution and/or bankruptcy at (731) 423-1888. The law office of T. Verner Smith has helped thousands overcome financial problems, and can help you too. Call today! 

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