[{"@context":"https:\/\/schema.org\/","@type":"BlogPosting","@id":"https:\/\/www.fight13.com\/forbearance-is-over-now-what#BlogPosting","mainEntityOfPage":"https:\/\/www.fight13.com\/forbearance-is-over-now-what","headline":"Forbearance is Over, Now What? Here Are Some Options","name":"Forbearance is Over, Now What? Here Are Some Options","description":"We have been inundated with homeowners contacting us regarding their expiring forbearance plan.\u00a0 Many loan mortgage servicers are requiring homeowners to pay back all of the missed payments during the forbearance period all in one shot or face the consequences, which include foreclosure. Don\u2019t think it cannot happen to you.\u00a0...","datePublished":"2020-07-21","dateModified":"2025-09-19","author":{"@type":"Person","@id":"https:\/\/www.fight13.com\/attorneys\/matis-h-abarbanel#Person","name":"Matis Abarbanel","url":"https:\/\/www.fight13.com\/attorneys\/matis-h-abarbanel","identifier":55,"image":{"@type":"ImageObject","@id":"https:\/\/www.fight13.com\/wp-content\/uploads\/2025\/09\/matis-abarbanel_avatar-96x96.png","url":"https:\/\/www.fight13.com\/wp-content\/uploads\/2025\/09\/matis-abarbanel_avatar-96x96.png","height":96,"width":96}},"publisher":{"@type":"Organization","name":"Loan Lawyers, LLC","logo":{"@type":"ImageObject","@id":"https:\/\/www.fight13.com\/wp-content\/uploads\/2020\/03\/icon-logo.png","url":"https:\/\/www.fight13.com\/wp-content\/uploads\/2020\/03\/icon-logo.png","width":600,"height":60}},"image":{"@type":"ImageObject","@id":"https:\/\/www.fight13.com\/wp-content\/uploads\/2020\/07\/forbearance1.jpg","url":"https:\/\/www.fight13.com\/wp-content\/uploads\/2020\/07\/forbearance1.jpg","height":627,"width":1200},"url":"https:\/\/www.fight13.com\/forbearance-is-over-now-what","about":["Loan Modifications"],"wordCount":582,"articleBody":"We have been inundated with homeowners contacting us regarding their expiring forbearance plan.\u00a0 Many loan mortgage servicers are requiring homeowners to pay back all of the missed payments during the forbearance period all in one shot or face the consequences, which include foreclosure. Don\u2019t think it cannot happen to you.\u00a0 If your bank is requiring you to make up all missed payments at one time and you do not have the money, they will put you in foreclosure.\u00a0 We have seen this countless times.What About Chapter 13 Bankruptcy?People often ask if bankruptcy will help them.\u00a0 Well, it may.\u00a0 Most people think filing bankruptcy means you lose everything. \u00a0That is not necessarily the case.\u00a0 A Chapter 13 bankruptcy plan is a great option for many homeowners who find themselves unable to pay back those missed forbearance payments.\u00a0 Your bankruptcy plan may allow you to spread those missed payments out over 5 years and stop the bank in its tracks.\u00a0 This may be a great option to protect your home and the equity you have worked so hard to build.Other Options AvailableIf you chose a law firm that can advise you on all available solutions, you will also learn that there may be options other than bankruptcy that may help.\u00a0 You may find that applying for a loan modification may be a better option for you, or you may find that you have a lawsuit you can file against the bank for not servicing your loan properly.If you chose a lawyer that only handles bankruptcy, they may not be competent, or willing, to try to steer you into another option.\u00a0 If all they do ins bankruptcy, then guess what, they are going to advise you to file bankruptcy even though there may be better options for you.How the Florida Attorneys at Loan Lawyers Can Help You?At Loan Lawyers, we have many ways in which we are able to assist homeowners in keeping a roof over their heads.\u00a0 In addition to having extensive experience litigating foreclosures in court, we may also be able to sue your loan servicer, help you with a loan modification, or help you find other options to save your home.\u00a0 Bankruptcy is one option, so do not limit yourself who limits their practice to this one option.When you get a free consultation with Loan Lawyers, we can help you formulate a plan that is specifically tailored to your situation, and not just throw into a bankruptcy that might not be needed.Call us at 1-888-FIGHT-13 so that we can discuss ALL of your options to see what may be best suited for your situation.\ufeffAbout the AuthorLatest PostsMatis AbarbanelMatis Abarbanel is the founding partner and senior attorney at Loan Lawyers in South Florida. He focuses his practice on consumer rights, helping homeowners navigate issues such as foreclosure and financial hardship. Matis also brings a wealth of experience from his previous work in personal injury law. As a devout Chasidic Jew, he is committed to making a positive impact in his community and dedicates his efforts to charitable initiatives through his non-profit organization, The Center, which aids at-risk Jewish youth. Matis actively serves clients across South Florida and is passionate about empowering individuals to secure their rights and achieve a better future.When Foreclosure Errors by Lenders Lead to Legal Remedies for Homeowners in Fort LauderdaleWhat Homeowners Can Do When Loan Documents Contain Forged or Altered SignaturesUnderstanding Florida\u2019s Debt Forgiveness Programs and IRS Rules"},{"@context":"https:\/\/schema.org\/","@type":"BreadcrumbList","itemListElement":[{"@type":"ListItem","position":1,"name":"Forbearance is Over, Now What? 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