Examlex
A condition that causes the sufferer to worry excessively and uncontrollably about future threats is called
Borrower
An individual or entity that receives funds from another party with the agreement to return the funds or pay them back later, usually with interest.
Forbearance
an agreement between a borrower and lender to temporarily postpone, reduce, or suspend payment due to financial hardship.
Workout Agreement
A formal contract between a debtor and his or her creditors in which the parties agree to negotiate a payment plan for the amount due on the loan instead of proceeding to foreclosure.
Mortgage Loan
A loan secured by the collateral of real estate property, where the borrower is obliged to pay back with a predetermined set of payments.
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