100 signatures reached
To: Governor Scott, State of Vermont
Covid-19 Emergency Debt Moratorium
We believe that an immediate moratorium on collecting rent and mortgage for the Month of April and forgiveness of interest, late fees, or the owing of that month's rent in the future should be implemented. This needs to also apply to credit card payments, student loan payments, small business loans and utilities, including internet service. This Moratorium and forgiveness should continue as long as the critical and necessary social distancing continues. Multiple countries have taken this action because they understand it is crucial in helping quell fear and help people do what they need to do to stop the spread of this infection and give our medical teams the space and time they need to deal with this crisis.
Why is this important?
As a group, the working class of the United States have been financially crippled by the critical and necessary measures put in place to slow the spread of COVID-19. And we all know it's going to get worse. Though the federal government may eventually provide relief, they have been regularly dropping the ball on not only mitigating the damage of this situation but on admitting there IS a situation. The immediate conservation of our limited financial resources is necessary for our own and our family's health and well-being. Banks and other relevant institutions can, as a class, seek their own relief; the federal government is much more responsive and historically more likely to act on their behalf. We must protect our limited cash flow immediately.