[Winning]

I am currently in a deal with Paypal.

To see the details of the deal I made with them, see the post...
My 2019 AMEX and Paypal Offers
Basically it had currently boiled down to an 83 week deal...
$105,566.73 / $99,523.33 = 1.060 Effective Rate.
83 Week Interest rate = 6.0%
52 weeks / 83 weeks = 0.6265
0.6265 x 6% = 0.03759 = 3.759% Annualized Factor Rate

Anyway,, I called them and asked them what they're doing for merchants that are affected by the Covid-19 issues..

To my delight, they said they would stop drafting my account for 4 weeks starting immediately, and for me to call back and see what additional options I have in about 3 weeks.

Cool!

I suspect it is going to get pretty bad... A shelter in place starts for my county Monday night (3/23/2020) 11:59PM. Where as I am not allowed to even go into my business to ship web orders. I am supposed to stay in my house for I don't know how long... WTF!

So I will soon be calling every 1 of my liability accounts (personal & business) and asking what my options are...

My Lawncare provider.
My Pest control provider.
My security alarm provider.
All my credit card providers.
My credit card processing provider.
My payment gateway provider.
My webhosting provider.
My eCommerce shopping cart provider.
My email marketing provider.
My online shipping label provider.
My Google Ads representative.
My Facebook Business Ads representative.
My Adobe Software as a Service representative.
My Auto financing companies
My Lawyer.
My utility companies.
My insurance companies.
My Landlord for my brick & mortar business.

Did I miss anything? I think that is a list of every contracted thing that I spend money on.

1st thing 1st,, you have to stop the bleeding right! And in this scenario the current bleeding is cash via any kind of liability/expense account!

So worst case scenario, I am never able to recover from this what happens in regard to the Paypal deal I am in?

Do I file bankruptcy and it all gets sorted out then?

I have no clue how the other side of the coin works. I have an 800 credit score and have all ways paid my debts. So with all my new found time I am trying to learn a lot about how all this works and what's the best exit strategy so that I am prepared as best I can be.