Forbearance Agreements And Covid 19
How will COVID-19 affect forbearance agreements? The CARES Act included provisions to protect homeowners from foreclosure, but those provisions are set to expire on December 31st, 2020. Without an extension, a significant percentage of homeowners will lean heavily on their forbearance to bridge the gap. Read the full article here: https://www.oflaherty-law.com/learn-about-law/forbearance-agreements-and-covid-19
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This article will discuss forbearance agreements during Covid-19 and what to be aware of as a consumer. We will answer the following questions: How does the CARES Act affect forbearance?, Is my credit score negatively impacted under the CARES Act?, and What should you be aware of before entering into a forbearance agreement?
**None of the content in this series is intended as paid legal advice.