The moratorium looks like a panacea for all problems but this is not true. The most important thing about the eviction moratoriums is that they are temporary and do not forgive or reduce rent payments. This means, unfortunately, the moratorium will not help renters pay rent but it just delays the threat of eviction and some loopholes in it put certain renters at risk of removal.
This federal protection is quickly disappearing and in some cases, it is already expired. You are already several months behind on rent and continue to accumulate debt during this period and when this temporary halt of evictions ends on December 31, 2020, your landlord may demand payments in full that you’re not made before and during the temporary halt.
Without the extension of the eviction ban and other federal financial support, many renters could be facing homelessness when the eviction moratorium expires on December 31 (now extended by one more month under the new coronavirus stimulus deal, lasting through January 31, 2021). On top of that, most landlords will not even consider a tenant with a previous eviction record.
Housing is undeniably a basic human necessity and those who are evicted often lose their jobs, possessions, community connections, and even health. If you are depending on the anti-eviction provisions of the CARES Act to protect you from being evicted from where you’re living, then it would make more sense to consider filing for bankruptcy.