"Impending foreclosure" refers to a situation where someone is in danger of losing their property, such as their home or land, because they have been unable to make their mortgage payments. Full definition
At the point of departure, we find Joe (Caine) in the midst of complaining to an unsympathetic loan officer (Josh Pais) about Williamsburg Savings» impending foreclosure on his home when the place is suddenly held - up by a gang of masked men. (kamwilliams.com)
The loose plot involves Buster trying to get the $ 100,000 he doesn't have and the bank's impending foreclosure of the theater. (markreviewsmovies.com)
From where I sit, a short sale is a terrific option for most Eastvale home sellers facing an impending foreclosure. (eastvaleshortsaleagent.com)