7.4Brian Michael Rokaw

FORBEARANCE

Sometimes in life we experience short term hardships that we anticipate only lasting for less than a year.  A great example of this would be a mother on unpaid maternity leave or a part-time student that is working less hours while they pursue their degree.  Chances are both parties in the example above – the new mother and the student – know when they will return to work full time and be able to once again resume making their normal payments.  Rather than exhaust all of your savings or default on a financial obligation have an experienced attorney negotiate a forbearance agreement with your lender or creditor which may result in a reduced or nonpayment for a period of time.  If you are experiencing – or know that you will be experiencing – a short term financial hardship please call Brian M. Rokaw, P.A. to schedule a no obligation consultation – (305) 722-5888.

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