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=== Foreclosure=== | === Foreclosure=== | ||
[[Mortgages and Foreclosure|Foreclosure]] is a proceeding brought by a creditor who has a mortgage against a property. Usually, a person who borrows money to buy a home has to give the lender a mortgage over the home as security. If the borrower defaults, the | [[Mortgages and Foreclosure|Foreclosure]] is a proceeding brought by a creditor who has a mortgage against a property. Usually, a person who borrows money to buy a home has to give the lender a mortgage over the home as security. If the borrower defaults, the lender can bring a legal action to take the property and, at the same time, get a judgment for the money owed. | ||
=== Enforcement action against land=== | === Enforcement action against land=== |
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