It happens from time to time that even good credit risks have trouble repaying their debts. Serious illness, unemployment, a family emergency - each, when it occurs with a disquieting lack of notice, can wipe out savings and take a toll in other ways, as well. The agreement that goes a long way toward settling this unsettling situation is called a forbearance agreement. Check this article out to learn more.
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What Exactly Are Forbearance Agreements?
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