Crestview, Fla. – The whole world is being affected by COVID-19 which is resulting in much uncertainty for many businesses. Lewis and Jurnovoy, a local bankruptcy attorney in Crestview, FL, is highlighting which companies may be at risk of bankruptcy as the pandemic continues. To prevent the virus from spreading, many countries are closing their boards and even requiring mandatory quarantines, resulting in huge losses in the travel industry which is the primary niche to watch for potential bankruptcy in the upcoming months.
Travel around the world has come to an almost complete halt overnight, with no end currently in sight. The numbers currently in the airline industry has not been this low since 2001, immediately following the incidents of September 11. The biggest concern is while the September slump was primarily only within the United States, the current pandemic slump is worldwide. This could result in airline deficits never seen before.
Another huge niche being greatly affected in the wake of COVID-19 is the cruise industry. There is currently some uncertainty surrounding what it will mean for the economy should these major companies be forced to declare bankruptcy. Lewis and Jurnovoy is recommending keeping a close watch on these companies and the effect their financial situation will have on the world economy, in an effort to better prepare as an individual.
Lewis and Jurnovoy is happy to serve the local community with all bankruptcy in Crestview, FL. As the pandemic continues around the world Lewis and Jurnovoy is proud to be a trusted attorney for their community to turn to in times of trouble. For more information give them a call at (850) 409-3350 or visit them online at https://lewisandjurnovoy.com/.
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For more information about Lewis & Jurnovoy, PA- Crestview, contact the company here:
Lewis & Jurnovoy, PA- Crestview
Steven D. Jurnovoy and Martin S. Lewis
(850) 409-3350
bankruptcylawyers.crestview@gmail.com
1501 S. Ferdon Dr. Crestview, FL 32536
