A lot of people wonder whether a forbearance agreement can help stop a foreclosure. In fact, it is one of the most common questions expert Steve Buzzi deals with. Unfortunately, there is no simple yes or no answer, as it all depends on circumstances. What Is a Forbearance Agreement? Simply put, when someone ends up in arrears with a loan such as a mortgage, they can come to a new agreement with their lender. So long as the person sticks to the agreement, the lender will not proceed with a foreclosure process. However, the conditions are very strict and usually…
Put a Stop to Impending Foreclosure – Use a Forbearance Agreement
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