Leading Online Legal Document Resource, RealDealDocs.com, Releases Home Solutions of America Forbearance Agreement
May 09, 2008 (PRLEAP.COM) Business NewsDallas, Texas – One the leaders in sample online legal documents, www.RealDealDocs.com, has just released the forbearance agreement between Home Solutions of America and Texas Capital Bank.
A forbearance agreement, also known as a default notice is a legal document that serves as notice to a borrower that he/she is delinquent in payments. A forbearance agreement defines the terms in which a borrower can put a temporary hold on his or her monthly payments. With the Home Solutions of America forbearance agreement, it is stated that Home Solutions for America will grant Texas Capital Bank a security interest in Home Solutions’ rights, title and interests to secure the prompt and complete payment of their loan.
The Home Solutions agreement provides the standard details in a forbearance agreement of forbearance, maturity, control agreements, cash sweeps, remittance of proceeds, remittance of internal revenue tax refund, remittance of related party proceeds, revolving credit advance payments, term loan payments, fees, costs, expenses and execution in counterparts.
RealDealDocs.com offers a copy of the Home Solutions of America and Texas Capital Bank forbearance agreement as a sample for such agreements free of charge via the link at the bottom of this text.
This year saw the fall of the mortgage loan market. In its wake, many businesses – in addition to home owners – are failing to make their payments. In this economic climate of foreclosures and failed payments, RealDealDOcs.com thought it healthy to release this forbearance agreement in hopes to open a door to an alternate opportunity of paying these bills.
The documents at RealDealDocs.com are drafted by top US law firms and include documents from Fortune 500 companies and small cap companies alike.
From the National Law Journal‘s top 250 law firms, 40 of them use the RealDealDocs.com technology.
Lawyers use RealDealDocs.com to lower the amount of time needed to draft a legal agreement while business professionals often use RealDealDocs.com to research a company or see how they handle various deals.
Visitors can search nearly one million documents and 10 million clauses for free. And members of RealDealDocs.com can edit, save and download these documents in a printer-friendly format for their own use.
RealDealDocs.com provides an enormous variety of contracts and agreements for companies in the banking industry to clothing and marketable goods to the defense industry. With over 10 million other legal documents and clauses in addition to forbearance agreements, RealDealDocs.com has secured itself as an online leader for sample legal documents.
RealDealDocs.com is an invaluable resource for people looking for legal documents to use as templates or samples for their own use. Among its millions of legal documents, the most used are confidentiality agreements, employment agreements, LLC Operating agreements, lease agreements and loan contracts. At RealDealDocs.com everyone has access to the legal research tool used by top professionals.
To view the Home Solutions of America Forbearance Agreement: http://agreements.wordpress.com/2008/05/08/home-solutions-of-america-forbearance-agreement-from-realdealdocscom/
To view other Forbearance Agreements: http://agreements.realdealdocs.com/Default-Notice-Forbearance-Agreement/