FORBEARANCE

Refraining from doing something that one has a
legal right to do. Giving of further time for repay-
ment of an obligation or agreement; not to enforce
claim at its due date. A delay in enforcing a legal
right. Act by which creditor waits for payment of
debt due by a debtor after it becomes due.
Within USURY law, the contractual obligation
of a lender or creditor to refrain, during a given
period of time, from requiring the borrower or
debtor to repay the loan or debt then due and