Foreclosure

questions & answers

Question: My husband may receive IOU's instead of paychecks in the next month or two. Do mortgage companies offer a temporary forebearance on our loan during the time he doesn't receive a paycheck? We are current on our home but will not be able to make payments if he does not receive a paycheck.

Answer:

In order to find out if your mortgage company would be able to offer you a temporary forebearance you would need to contact your mortgage company's loss mitigation department.  To find the oppropriate number you may want to review your statements or look the company up online.

Comments:

QUESTIONS

  • My husband may receive IOU's instead of paychecks in the next month or two. Do mortgage companies offer a temporary forebearance on our loan during the time he doesn't receive a paycheck? We are current on our home but will not be able to make payments if he does not receive a paycheck.

STORIES

  • I just helped my mother, age 89, deal with her Medicare HMO. . .
  • I just helped my mother, age 89, deal with her Medicare HMO. . .
  • He told me that I could actually get all the money I needed by using my home as collateral. . .

LegalLEARN

YOUR FEEDBACK IS NEEDED

  • Welcome to our Newly Redesigned Website! Let us know how we are doing! Please take a couple of minutes to fill out our survey.

FIND LEGAL HELP

  • Please select your county of residence below.

    County:
     

OTHER LEGAL RESOURCES

  • State Bar of Arizona
    www.azbar.org
  • Maricopa County Bar
    www.maricopabar.org
    Referral number 602-257-4434
  • Pima County Bar
    www.pimacountybar.org
    Referral number 520-623-4625
  • National Domestic Violence Hotline
    800-799-7233
  • Bankruptcy Court Self Help Center
    866-553-0893
  • Certified Legal Document Preparer Program
    Link

ORGANIZATIONS