A student loan forbearance is when your loan payments are temporarily suspended.
Your lender can grant you permission to stop making payments for a specified period of time if you qualify. A forbearance is typically granted for borrowers who do not qualify for a deferment, but are still unable to pay their loan debt. Common factors that may qualify for a forbearance are suffering job loss or unexpected medical illness.
Our student loan lawyers can help you determine whether you may qualify for a forbearance and even help you apply for one.
Contact us at 817.616.1629 to schedule your initial consultation to begin the process to obtain a forbearance or other student loan debt solution.