Bankruptcy is a legal process that can help you get rid of debt and start fresh. If you’re struggling with overwhelming debt, bankruptcy may be a viable option. However, it’s important to understand that bankruptcy can have long-lasting effects on your credit score and ability to borrow money in the future. To find out more about bankruptcy and whether it’s right for you, fill out the form below.
Description
An agreement to suspend or recuce normal monthly payrnents for a fixed period of time. At the end of the forbearance period, the borrower must cure the delinquency through a lump sum payment, repaymert plan or modification.