What is forbearance?

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Uploaded by on Jul 30, 2009

A forbearance agreement is an agreement reached between you and your lender to alter your payment schedule, change the amount of your payment, or in rare cases an agreement to allow you to skip a payment. Regardless of the agreement reached, always be sure to get the document in writing, and be sure it clearly spells out what was decided.

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  • She says "the Balance" then I couldnt help noticing how her earrings match the balance scale behind her. Only thing missing was a blindfold for justice.

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