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[Music] can we use a forbearance agreement for an estate that cannot make payments hello im robert todd and im here to talk about the possibility of an estate that has real property and a mortgage that cannot make payments what is a forbearance a forbearance is the lending institutions agreement to allow the mortgage or the one who owes the mortgage payments to have some time where they dont have to make payments and in this instance it sounds like the estate is handling real property that has an outstanding mortgage but the estate doesnt have any income streams to allow them to make payments mortgage payments to the lender state is going to have to consult an attorney a probate attorney to find out the best way to handle the transfer or liquidation of assets to enable an ultimate payment to the lending company for the mortgage payments and also probably consult a real estate attorney to find out the best way to handle the forbearance im robert todd and this is discussing the for
