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Forbearance not what was promised to you. Reality: Huge bills, red tape and stress.
Homeowners who took a forbearance in 2020 were promised no consequences, but now are feeling the heat. Homeowners are being asked to apply for loan modifications, partial claims, deferrals ...and other mortgage assistance. This is not what was told to most homeowners when they took the Covid-19 forbearance. Homeowners were promised a seamless transition out of forbearance... with no consequences, but that is the experience of many. Mortgage assistance applications cause significant stress and anxiety because they imply that a homeowner can be denied. Attorney, Diego G. Mendez, Esq, Miami, FL explains some of the barriers that homeowners are facing as they come out of forbearance and now are being hit with huge surprise bills and red tape.
Please note on questions in the comment box: I try to answer a portion of general questions I receive on here. Unfortunately, I cannot answer all of them ( I am a working attorney with a full office of cases). If I do answer a question, I will most likely not respond to a follow-up question (this frees up my time for someone else's question). If the information you are requesting is very specific to your particular situation, then that will require a consultation. For a consultation please email debt.law@mendezlawoffices.com. There is a fee for consultations.
Please note on questions in the comment box: I try to answer a portion of general questions I receive on here. Unfortunately, I cannot answer all of them ( I am a working attorney with a full office of cases). If I do answer a question, I will most likely not respond to a follow-up question (this frees up my time for someone else's question). If the information you are requesting is very specific to your particular situation, then that will require a consultation. For a consultation please email debt.law@mendezlawoffices.com. There is a fee for consultations.
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