Foreclosure
CataloguedThe legal system surrounding the recovery of a loan or debt which a debtor or borrower has not completed the payments of and of which payments have been neglected by enforcing the sale of assets which were used as collateral for the loan.
Foreclosure sits under General Business in the Business domain of the Luminid skills catalogue.
Also known as
- asset foreclosure
- distraint
- foreclosure law
- foreclosure proceedings
- foreclosure process
- foreclosure sale
- foreclosures
- home foreclosure
- legal enforcement
- loan foreclosure
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