David A. Lutz Attorney : Forbearance Agreements—Key Provisions That Safeguard Lenders

Fri, 05 Dec 2025 03:31:07 +0000

When a borrower falls behind and asks for additional time to resolve the default, lenders often look to forbearance as an alternative to immediate enforcement. Forbearance can be an effective workout tool when drafted carefully. The goal is to maintain the lender’s rights while giving the borrower a defined window to remedy the problem. To achieve that balance, certain terms are essential.