Foreclosure
If you default on your mortgage, the lender can go to court to take the property you mortgaged or sell it to pay the debt. This process is called “foreclosure”.
View website
- produced by
- People's Law School
- produced in
- 2017
- last reviewed
- October 2017 i Last date reviewed by a qualified expert to ensure content up-to-date. See "Tips" in Clicklaw content criteria (bottom of pageside menu) for details.
- resource type
- basics
- tags
- foreclosure, mortgage, missed mortgage payments, order nisi, petition, redemption period, order absolute, Dial-A-Law
Your feedback helps us improve!
How relevant is this to what you were looking for?
