Foreclose - Law Dictionary Search Results
foreclose
Matched in: Term foreclose
Foreclose
Matched in: Term Foreclose
attach
suit "Rosalind Resnick"] 3 : to create a security interest in (property) and so acquire the right to foreclose on or otherwise deal with property for payment of a debt and to exercise one's rights in the
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reduce
Contat, 643 N.E.2d 941 (1994)"] b : to convert by enforcement through litigation [may his claim to judgment, foreclose or otherwise enforce the security interest "Uniform Commercial Code"] re·duc·ibil·i·ty [-dü-sə-bi-lə-tē, -dyü-] n re·duc·ible [-dü-sə-bəl, -dyü-] adj re·duc·ibly
repossess
take possession of again by judicial process or self-help upon default of the payment of installments due compare foreclose, seize re·pos·ses·sor [-ze-sər] n
seize
his security interest and…keep them in satisfaction of the debt "J. J. White and R. S. Summers"] compare foreclose, repossess 3 : to detain (a person) in such circumstances as would lead a reasonable person to believe
Adequate protection
debtor, such as a periodic cash payment or an additional lien e.g. bankruptcy court permitted the lender to foreclose on the debtor's home after finding a lack of adequate protection of the lender's properties interest. 11 USCA
Increase of Rent and Mortgage (Restrictions) Acts (English)
it restricted the right to levy distress or resume possession of property by landlords and of mortgagees to foreclose or realize their security. This Act was followed by a series of complicated statutes which imposed restrictions on
Mortgage
mortgagee, i.e., indefeasible, and so lost at the Common Law to the mortgagor. Until the mortgage has been foreclosed, or unless the property has been sold under powers to satisfy the debt, it is redeemable in a
Once action rule
means in debtor-creditor law the principle that when a debt is secured by real property the creditor must foreclose on the collateral before proceeding against the debtor's unsecured assets, Black's Law Dictionary, 7th Edn., p. 1116.
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