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LSDefine

Simple English definitions for legal terms

forbearance

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A quick definition of forbearance:

Forbearance is when someone chooses not to do something on purpose. In the law, it means delaying the enforcement of a right, obligation, or debt. For example, if someone owes money to a bank, the bank might agree to forbear taking legal action if the person agrees to pay the debt back in a different way. Another example is when someone can't make their mortgage payments, and the lender agrees to forbear foreclosing on the house for a little while and gives the person a new payment plan to help them catch up.

A more thorough explanation:

Forbearance is when someone intentionally chooses not to do something. In the legal world, it means delaying the enforcement of a right, obligation, or debt.

Here are a few examples of forbearance:

  • A creditor may choose to forbear legal action against a debtor if they agree to new payment conditions.
  • A mortgage forbearance agreement is when a lender agrees not to foreclose on a mortgage, and the borrower agrees to a new payment plan that provides temporary payment relief.

These examples show how forbearance can be used to delay or change the enforcement of a legal obligation. In both cases, the creditor or lender is choosing to give the debtor or borrower more time to pay back their debt or mortgage.

for value received | force majeure

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18:39
Yeah I would delay as long as you have plausible deniability
TGM
18:40
I actually do have a transcript issue that registrar needs to resolve, should I say that
TGM
18:41
(Course marked as Incomplete that’s supposed to be removed)
TGM
18:41
not sure if I should email them to say that, or just hold off on sending it and not give an excuse
18:41
I think I just wouldn’t reach out and if they ask for them then say that
Dkk
18:41
@tgm Yeah sounds good, say that if they ask
18:47
hey yall
18:47
im premed idk why im here
18:48
we’re like cool and sexy and fun I get it
18:48
true i love ur user
18:49
thank you my little crow friend
Dkk
18:50
Med law easy done
medicine is a scam
join the ethically ambiguous legal field instead
Dkk
18:57
I want to meet an attorney that defends clients who run into flat earth problems. I want an attorney that knows and believes in flat earth theory.
19:05
i want a flat earther for president. i want a guy who posts on 4chan for president. i want someone who mogs for president.
Dkk
19:18
Exactly. My version of that awful poem.
Dkk
19:19
I can accept a president with maybe one or two of the poems traits hut good God, all of them??? No ty.
windyMagician
19:20
president who respects sex is crazy
windyMagician
19:20
we had bill clinton already
Dkk
19:21
Bill Clinton, first and last black president
windyMagician
19:23
I want to go running but my leg feels weird
windyMagician
19:23
it doesn't hurt its just tingly
Dkk
19:26
It needs more alcohol. You tingle when your nerves need watering.
19:27
try stretching it maybe to see what's up
windyMagician
19:27
stretches make me think it's just soreness
windyMagician
19:27
I'm sober lol
Dkk
19:38
Anyone else get the google notification that your LSD password has been compromised lol. LSD got hacked.
20:48
what.jpg @Dkk
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