06.25.09 | What qualifies for a "mandatory" forbearance?
There are certain mandatory forbearances. Examples include borrowers who:
- are in a medical or dental internship or residency;
- have student loan payments that are 20 percent or more of their monthly income;
- have payments being made for them by the Department of Defense
Contact your lender or loan-servicing agent for more information on the mandatory forbearance benefit.
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Filed under: Federal Loans, Repayment
can you provide more info on mandatory forbearance? how claim this, how document it? who send info to?
thank you,
July 13th, 2009 | #