Legal Question in Real Estate Law in New York
forbearance?
what is forbearance in raltionship to forclosure and bankruptcy
Asked on 12/11/02, 12:33 pm
1 Answer from Attorneys
Walter LeVine
Walter D. LeVine, Esq.
Re: forbearance?
Forbearance is like a waiver. The party granting it agrees they will take no action until the matter is completed. You need to be more specific in describing the situation, for a better explanation.
Answered on 12/11/02, 3:28 pm