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What Is Foreclosure | NextAdvisor with TIME

Share Editorial Independence We want to help you make more informed decisions. Some links on this page clearly marked may take you to a partner website and may result in us earning a referral commission. For more information, see The clock is running out for millions of Americans who have benefited from mortgage forbearance programs during the pandemic. The delayed or reduced mortgage payments provided by federal forbearance programs are set to end in January or February 2021, depending on the lender. But with millions still out of work and uncertainty over new unemployment benefits in 2021, millions could face tough decisions, like whether or not they can afford to make a mortgage payment once forbearance programs come to an end. 

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