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  2. Foreclosure - Wikipedia

    en.wikipedia.org/wiki/Foreclosure

    Foreclosure is a legal process in which a lender attempts to recover the balance of a loan from a borrower who has stopped making payments to the lender by forcing the sale of the asset used as the collateral for the loan.

  3. Civil forfeiture in the United States - Wikipedia

    en.wikipedia.org/wiki/Civil_forfeiture_in_the...

    In contrast, criminal forfeiture is a legal action brought as "part of the criminal prosecution of a defendant", described by the Latin term in personam, meaning "against the person", and happens when government indicts or charges the property that is either used in connection with a crime, or derived from a crime, that is suspected of being ...

  4. What is a foreclosure? How it works and how to avoid it - AOL

    www.aol.com/finance/foreclosure-works-avoid...

    Judicial foreclosure: With a judicial foreclosure, the lender files a lawsuit and the borrower is notified of the non-payment. The homeowner has 30 days to make up the missed payments, otherwise ...

  5. Deed in lieu of foreclosure - Wikipedia

    en.wikipedia.org/wiki/Deed_in_lieu_of_foreclosure

    A deed in lieu of foreclosure is a deed instrument in which a mortgagor (i.e. the borrower) conveys all interest in a real property to the mortgagee (i.e. the lender) to satisfy a loan that is in default and avoid foreclosure proceedings. The deed in lieu of foreclosure offers several advantages to both the borrower and the lender.

  6. Civil forfeiture, due process and property - AOL

    www.aol.com/civil-forfeiture-due-process...

    Government may seize property used in crime, called civil forfeiture. What type of procedures are required when this happens to protect our rights? Civil forfeiture, due process and property

  7. Missing mortgage payments: How many can I miss before ...

    www.aol.com/finance/missing-mortgage-payments...

    What's the difference between preforeclosure and foreclosure? Preforeclosure is the period after a borrower defaults on mortgage payments but still retains ownership of the property, offering a ...

  8. Asset forfeiture - Wikipedia

    en.wikipedia.org/wiki/Asset_forfeiture

    Asset forfeiture or asset seizure is a form of confiscation of assets by the authorities. In the United States, it is a type of criminal-justice financial obligation . It typically applies to the alleged proceeds or instruments of crime.

  9. How to stop foreclosure - AOL

    www.aol.com/finance/stop-foreclosure-220538027.html

    A deed-in-lieu of foreclosure involves turning over your home to a lender to avoid foreclosure proceedings. In some instances, going this route could help you avoid paying the remaining loan ...