• Particularly effective in negotiating workout agreements with clients and executing settlements as appropriate to the situation. (coverlettersandresume.com)
A forbearance agreement or workout agreement where the lender and the borrower agree, in writing, that the lender will defer foreclosing so long as the borrower does certain things including, but not limited to, making agreed upon post-default payments; (thehardmoneypros.com)
Repayment plans are probably the most frequently used type of workout agreement. (mortgage-x.com)