When a debtor can no longer meet the deadlines for repayment of a mortgage, creditors often use the foreclosure procedure. This recovery procedure goes through several stages and can last a few months up to 3 years in the event of an incident. You need the best lawyers for these works. This means that the bank or the lending organization which has an enforceable title can sell the real estate of its debtor by public auction.
The operation is done with the intervention of a lawyer and a bailiff. The fruits of sale will then be distributed to holders of receivables. The auctions take place at the courthouse, before the execution judge and not before the auctioneers. Several decrees frame this operation. From the mortgage foreclosure attorneys you can have the best options.
The operation is done with the intervention of a lawyer and a bailiff. The fruits of sale will then be distributed to holders of receivables. The auctions take place at the courthouse, before the execution judge and not before the auctioneers. Several decrees frame this operation. From the mortgage foreclosure attorneys you can have the best options.
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