nonjudicial foreclosure

Definition of "nonjudicial foreclosure"
  1. A foreclosure process performed without court involvement, empowered by a clause in a trust deed
How to use "nonjudicial foreclosure" in a sentence
  1. The bank proceeded with a nonjudicial foreclosure after homeowners defaulted on their mortgage.
  2. He lost his property through a nonjudicial foreclosure due to unpaid debts.
  3. She sought legal advice to halt the nonjudicial foreclosure of her family home.
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