New York state is temporarily halting the collection of medical and student debt owed and referred to the Office of the Attorney General for collection.
The move takes effect immediately.
For at least the next 30 days, Attorney General Leticia James and Gov. Andrew Cuomo will be suspending these payments. On April 15, the state will reassess people's needs and look at a possible extension.
"In this time of crisis, my office will not add undue stress or saddle New Yorkers with unnecessary financial burden," James said.
The coronavirus is impacting businesses and workers across the state, making their financial situation uncertain right now.
"This new action to temporarily suspend the collection of debt owed to the state will help mitigate the adverse financial impact of the outbreak on individuals, families, communities and businesses in New York State, as we continue to do everything we can to slow the spread of the virus," Cuomo said.
James also says they will accept applications to suspend all other types of debt owed to the state and currently being collected by the OAG.
President Trump also announced he is working on waiving interest payments on federal student loans during this pandemic. No further details have been released yet,