• When Unpaid Loans Mature (i.e., Balloon Payment), the Creditor may Require a Full Payoff, Renew, or Extend the Maturity Date
• It's Likely the Credit File Will be Refreshed with Current Financial Reporting, Similar to the Original Underwriting Process
• Existing Loans may also be Refinanced, with or Without New Money
• Strategies During Serious Economic Downturns, Red Flags
• Partial Charge Off
• Last Resort Options
• IMPORTANCE TO YOU - Give yourself plenty of time. But it's time to get to work, now. How would it feel to be fully prepared?