REINSTATEMENT

If a borrower / debtor falls behind on the payments that they are obligated to make to the lender / creditor the debt becomes past due.  Once the borrower / debtor defaults on a debt they may have a right to reinstate the debt which would bring their account current.  It may be possible to negotiate with the lender  / creditor to reduce or eliminate some or all of the additional fees that are added to the borrower / debtor’s account after the default occurred.  This will make it easier for the borrower / debtor to reinstate the debt and bring their account current.  If you are a borrower / debtor that has one or more accounts that are past due and you are interested in bringing them current with your lender / creditor then please call Brian M. Rokaw, P.A. to schedule a no obligation consultation – (305) 722-5888.