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Susan Chiang's Articles in Loans & Mortgages

  • Do Not Get Hit By Foreclosure
    Foreclosure is a legal process by which a bank or a creditor auctions, sells or posssesses an immovable property, when the owner fails to repay the lender the borrowed money. Usually foreclosure is resorted to when the borrower defaults on payment and the agreement is secured by a lien on the property.



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