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week “self-isolation” where we prepare It allows you to make it later, with ability to repay the unpaid balance when
for the onset of symptoms… or not. accumulated interest. the economy recovers.

Payment forbearance merely kicks the Forbearance requires the borrower At worst, if absolutely necessary, ask for
can down the road and the can gets to repay the accumulation of missed forbearance. At best, continue to make
bigger with every missed payment, payments at one time or adds payments your payments as agreed. But at the
so that at the end of the road the full to the end of the loan. In either case very least, make every eff ort to pay the
can, or accumulated balance must be you are paying it back. The challenge interest owed on your balance to avoid
repaid. Forbearance does not eliminate going forward will be for those who have having the outstanding balance grow.

the requirement of making a payment. benefitted from forbearance having the And if necessary, come to an agreed
upon payment plan with the creditor.
If you need forbearance, only ask for it
as long as you need it. Do not ask for a
blanket three-month reprieve.
Think of payment forbearance as a
month to month event. If you already
have been granted three months and
Because you deserve qqualified, llocal representation you can afford to make your payments,

when managing life’s important issues. make them. If you are lucky enough
to be receiving unemployment and
the stimulus check, consider at least
? ESTATE PLANNING contacting your creditors and arranging
? RESIDENTIAL & COMMERCIAL 300 Market Street to at least pay the interest due.
Suite 104
REAL ESTATE AND SETTLEMENTS Denton, Maryland
? LLC FORMATION & BUSINESS LAW 21629 Mr. Rowe is Vice President/Lending for
Bay Capital Mortgage Corp. with offi ces
? MUNICIPAL & ENVIRONMENTAL LAW in Easton and Annapolis. He has lived in
? GENERAL LEGAL COUNSEL 410.310.1774 Caroline for his entire life and supports

Our attorney, Patrick Thomas, and our Settlement shayman@mlg-lawyers.com the county by volunteering in a variety of
Agent, Sandy Hayman, are available to travel to your www.mlg-lawyers.com ways. He currently lives near Greensboro
preferred location. with his wife Jeanne and daughter Kelsey.

TOWERS CONCRETE PRODUCTS, INC.

“A Towers Family Business”

Serving Maryland’s Eastern Shore for over 50 years.
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PRE CAST
• Septic Tanks
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Wire, Rebar, Felt Expansion,
Metal Keylock
26425 Hobbs Rd. | Denton, MD
Norweco Wastewater
Treatment Systems & Service www.towersconcrete.com
1-800-773-9128 - 410-479-0914 - Denton, MD
Visit our website for a complete list
of products & services. Hours: Monday - Friday 6 am - 5 pm.

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