Foreclosure in a Sentence  ðŸ”Š

Definition of Foreclosure

a legal process in which a lender takes the property belonging to a borrower, who has stopped making payments to the lender

Examples of Foreclosure in a sentence

Before filing for foreclosure, the lender gave the debtor one last chance to settle the debt.  ðŸ”Š

Although the homeowner paid several missed payments, it was not enough to stop foreclosure on the estate.  ðŸ”Š

To stop the foreclosure on my home, I filed for bankruptcy and was able to keep my property.  ðŸ”Š

Hiring an attorney to stop the foreclosure, the man was able to repay his mortgage while still maintaining his residence.  ðŸ”Š

When the bank began to threaten foreclosure on their home, the couple knew that they had better start making better financial choices regarding their bills.  ðŸ”Š

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