Sentences with phrase «enforced by a foreclosure»

This loan could carry an interest rate of 1.5 % per month, plus costs, and could be enforced by a foreclosure.

Not exact matches

You will no longer have the legal obligation to pay anything toward those debts, but if you stop paying, the creditor will be allowed to enforce its lien by repossession or foreclosure.
Equitable mortgages and mortgages contained in debentures may be enforced by way of an action for foreclosure through the courts.
The attorneys insist that under Nevada law NRS 16.3116, in foreclosure situations, the assessments and costs that can be levied against delinquent properties «are limited to nine months immediately preceding institution of an action to enforce the lien unless federal regulations adopted by Fannie Mae or Freddie Mac require a shorter period of priority for the lien in which case the nine month period is reduced to a six month period.»
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