The phrase
"potential foreclosure" means that there is a possibility that someone may lose their home because they are unable to make their mortgage payments.
Full definition
At a time when the Museum was in default on its loan covenants, and was
facing potential foreclosure, Chevrolet introduced the new C5 Corvette on January 6th, 1997 and the Museum was selected to be a satellite location for the special viewing.
Potential foreclosure of the home if the borrower does not meet the ongoing obligations of the loan such as paying property taxes, homeowner's insurance or other required property charges, and must maintain the property per HUD requirements.
Another reason people might be filing chapter 13 bankruptcies when chapter 7 bankruptcy filings are naturally declining is because of the enormous amount of
potential foreclosures still in inventory.
Once you fix the hole left
by potential foreclosures, then you can spend more time righting the boat and making more seaworthy.»
The inspector general examined 585 e-mail complaints from the FHFA and found that 68
described potential foreclosure abuses and 27 involved suspicions of fraud.
The National Black Theatre, which rescued itself from
a potential foreclosure five years ago, is teaming up with L+M Development Partners to redevelop its home a block from Marcus Garvey Park into a mixed - use building with 240 residential units and space for a new, 30,000 - square - foot theater.
Lenders will ask for this paperwork to verify everything you put on your mortgage application as a precaution to avoid
another potential foreclosure.
Remember as a seller you are not that far away from
a potential foreclosure so picking the wrong Realtor would be a very big mistake!
Whatever you do, whether it is a custody hearing or reviewing financial documents in
a potential foreclosure matter, you are using some aspect of your legal training for productive use.
Our firm will work to handle all of the issues that matter to you and your family, such as how Chapter 13 will affect your houses and cars,
potential foreclosure, credit card and medical debt relief, taxes, garnishments, repossession and creditor harassment.
If you face
a potential foreclosure in Quebec, you should take immediate action as per following recommendations from Canadian real estate investment experts.
But if you're in
a potential foreclosure or otherwise troubling situation, you may want to keep your home sale private from your neighbors until it's time to move.
If you would like to increase your business by working with homeowners who are seeking a solution to
their potential foreclosure or short sale, these free collateral marketing materials (which look very professional, by the way) are a great way to jump start that market.