A few days ago
manzanita

what is the special name for the act when certain people take away someone’s house cuz they didn’t pay?

what is the special name for the act when certain people take away someone’s house cuz they didn’t pay?

Top 9 Answers
A few days ago
LucySD

Favorite Answer

Forclosure

foreclosure – the legal proceedings initiated by a creditor to repossess the collateral for loan that is in default

Repossess

To regain possession of.

To reclaim possession of for failure to pay installments due.

To repossess is to take it back and evict

to Forclose is to take the legal action to resell

the house.

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A few days ago
Sparkles
Foreclosure
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A few days ago
Anonymous
The bank forecloses on the mortgage or repossesses the house.
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A few days ago
Queen JJ
foreclosure. then the house is resold to a buyer for the amount that is still owed on the house.
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A few days ago
?
usually people will “foreclose” the house (foreclosure). repo men, jump in, into these kinda suatitions :]
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A few days ago
Jess
Foreclosure or eviction.
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A few days ago
USCFAN
foreclosure
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A few days ago
Jana B
I think it’s forclosure.
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A few days ago
james p
forclosure, or repossession
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