Knowledge
foreclosure
The 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.
Alternative Names
market foreclosuremortgage foreclosurelegal enforcementdistraintforeclosuresforeclosure proceedings
Essential for these occupations
foreclosure is listed as an essential skill for 1 occupation(s).
Optional for these occupations
foreclosure is a useful but optional skill for 3 occupation(s).
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