Sentences with phrase «petition for foreclosure»

«Petition for foreclosure», this is the lender giving notice to you and asking the court to help them recover the money they lent out to you.

Once the court has the filed order a «petition for foreclosure» will be sent to you this is a copy of the lender's foreclosure application to the court.

Not exact matches

For both bankruptcy chapters, the automatic stay stops the foreclosure process as soon as the bankruptcy petition is filed.

Back in the old days we used to make five photocopies of a bankruptcy petition (one for our files, one for the Trustee, one for the US Trustee, one for the national archives, and one for the court) and then rush to the federal courthouse to file the case before a garnishment or foreclosure took place.

These schedules often are filed along with the petition; but where an emergency situation exists (for instance, if the petitioner is filing bankruptcy in order to stop foreclosure or repossession), they may be filed separately so that the petition can be filed immediately, without waiting to collect the required information and documentation for the schedules.

Francisco Lim and Oliver Pantaleon acted for STI Education Systems Holdings, the largest creditor of the Philippine Women's University (PWU), in foreclosure proceedings on PWU's properties and opposing the petition for the rehabilitation of PWU filed by another creditor.

In 2007 the owner petitioned for a discharge of the mortgage while the corporation countered for foreclosure.