
As we noted in Foreclosure Law, foreclosure is the process by which a bank or lender takes possession of collateral used to secure a loan. Put another way, foreclosure happens to a homeowner when he or she doesn't pay their mortgage. And in…
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Michael Spadaccini
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Michael Spadaccini2012-10-13 20:02:382018-09-10 22:06:011099 After Foreclosure | Cancellation of Debt Income
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