The Law Dictionary

Your Free Online Legal Dictionary • Featuring Black’s Law Dictionary, 2nd Ed.

RENEGOTIATED LOAN Definition & Legal Meaning

Definition & Citations:

When a loan is rewritten to prevent foreclosure. This can be an extension, lowered interest, or a change in repayment schedule. AKA rescheduling or soft loan.

Disclaimer

This article contains general legal information but does not constitute professional legal advice for your particular situation. The Law Dictionary is not a law firm, and this page does not create an attorney-client or legal adviser relationship. If you have specific questions, please consult a qualified attorney licensed in your jurisdiction.