What Is the Difference Between a Repayment Plan Forbearance Agreement and Loan Modification

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Foreclosure defense attorney Joshua Denbeaux discusses the differences between a repayment plan, forbearance agreement, and loan modification • Homeowners may find some relief knowing that they have resources like a repayment plan, forbearance agreement, or loan modification available to help make their mortgage loan more manageable. Although they are all great resources, homeowners may find that one works better for them than others depending on their situation. • The problem for many individuals is that they don't understand the differences between a repayment plan, forbearance agreement, and loan modification, or they've been given the wrong information. The average homeowner is not a legal expert, nor do they truly have the resources to understand a growing and nuanced area of the law. • This is why a proper loan modification lawyer is so important. It's important for homeowners to know what is available to them so they can make the best decision based on their circumstances. • ---- • More Resources • Our website: https://denbeauxlaw.com • About Foreclosure Defense: https://denbeauxlaw.com/foreclosure-d... • Guide to Foreclosures in New Jersey: https://denbeauxlaw.com/resources/for... • More about your rights during foreclosure: https://denbeauxlaw.com/foreclosure-r...

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