Definitionn. the legal proceedings initiated by a creditor to repossess the collateral for loan that is in default
Last update: September 5, 2015
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There was foreclosure on the mortgage . [Please select]
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Although this fact will not in itself make the companies liable to any process of reorganization similar to that following insolvency and foreclosure of the American railway, it is probable that reorganization of some sort must nevertheless take place in Great Britain, and it may well be questioned whether the position of the transportation system of that country would not have been better if it had been built up and projected on the experience gained by actual earlier losses, as in the United States. [Please select]
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Warrington had purchased it on a bank foreclosure, and rather cheaply, considering the location. [Please select]
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The squire hoped to obtain it by foreclosure at less than five thousand. [Please select]
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"As your father's farm is not particularly valuable, there can be no danger of foreclosure." [Please select]
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A large part of the best property was mortgaged, and foreclosure sales were frequent. [Please select]
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Foreclosure proceedings were then begun against one hundred and forty homes belonging to union men in the towns of Danbury, Norwalk, and Bethel. [Please select]
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The Federation insisted that the houses be sold on foreclosure and that the collected money be used not as a prior settlement but as an indemnity to the individuals thus deprived of their homes. [Please select]
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