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All Articles Tagged With "foreclosures"
Mortgage Acceleration Clause
An acceleration clause allows the lender to immediately call the loan due and payable in certain events. These events can range from selling the property to another person without paying the balance to the lender to making major changes to the property without informing or ...
Chapter 13 Bankruptcy
Chapter 13, Title 11, United States Code or simply referred to as chapter 13 is a type of bankruptcy that helps in reorganizing the debt. This differs from chapter 7 in that it does not discharge some of the debts which ...
Types Of Foreclosures
A foreclosure is a legal proceeding in which the lender, who is usually the lien holder or mortgagee, obtains a court ordered termination of the borrowers or mortgagors equitable right of redemption. This simply means that the real estate or property is possessed by the ...
