THE FORBEARANCE AGREEMENT 

WHAT IS A FORBEARANCE AGREEMENT?

If the Loan Modification doesn't work because you don't have the $13,000 in funds they are asking for, then The Forbearance Agreement may be better for you. The Forbearance is a workout agreement with the bank.

Example:
            10 Payments behind
            $1,500 per Payment
            $2,500 Attorney Fees
            $17,500 Total Due to Bank without late Payment Fees or Insurance fees, if any.            

Here is How a Forbearance works.     

The bank will always..(read more)


 

 
           
 
      
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