Payment Defaults

2 min. readlast update: 12.28.2023

Life can be unpredictable, but PublicSquare is here to help. 

We understand that circumstances can change, and we offer a hardship policy that includes options for payment deferrals or selling the property if needed. 

It's important to understand that PublicSquare and the participating owner (where applicable) have a financial interest in helping you retain your home and lease agreement if you miss some payments. 

In other words, it's not in anyone's interest to kick you out of your home. So if something goes wrong and you need to defer some payments, we will do as much as possible to help you through it. 

In times of financial hardship, PublicSquare may be able to provide you with more options compared to banks, landlords, or real estate agencies. 

As part of our hardship policy, which you can access on our website, solutions to payment defaults will depend on your unique circumstances and may include temporary payment deferrals, or, if things get really bad, selling the property, which could result in returning most of your contributions to date. 

If you are at risk of defaulting on your payments, we are here to help, and we won't judge you. Please reach out to our support team as soon as possible to arrange a phone call or coffee.

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