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Foreclosure   Listen
noun
Foreclosure  n.  The act or process of foreclosing; a proceeding which bars or extinguishes a mortgager's right of redeeming a mortgaged estate.






Collaborative International Dictionary of English 0.48








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"Foreclosure" Quotes from Famous Books



... reached; the triumphant vindication of wife and child, the condemnation of the two who had conspired to defraud them, the foreclosure of the mortgages, the penury of the proud aristocrats, and ...
— Infelice • Augusta Jane Evans Wilson

... farm through foreclosure. It killed him. This fact and the presence of some alien strain sent Joe to Louisville which had some of the elements of the melting pot and some traditional elements of opportunity. He was twenty-four when he made this change. For two years he had resisted fusion and ...
— Stubble • George Looms

... Fortune. A long minority had provided him with a considerable sum on his coming of age, but he spent it freely, and when it was exhausted, continued to live on at the same rate as before, till at last, as creditors grew pressing, and mortgages threatened foreclosure, he saw himself reduced to something less than one-fifth of his former outlay; and though he seemed to address himself to the task with a bold spirit and a resolute mind, the old habits were too deeply rooted to be ...
— Lord Kilgobbin • Charles Lever

... then to friends from distant parts of the town. He remembered how he had heard his father speak there, and how respectfully everybody had listened to him. That was in the long ago, when they had lived at the great farm. And then came the thought of the mortgage, and of Eliphalet's foreclosure, and— ...
— Stories by American Authors, Volume 6 • Various

... At the foreclosure on the McGinnis property, Pres Huff rode his horse between the court officers and those attending the sale, and pistol in hand declared the land his by right of possession. The bill ...
— Sergeant York And His People • Sam Cowan

... beat hotly against the meanness and injustice of Gedney Raffer. He had practically threatened Toby with foreclosure on his little farm if the old lumberman would not help him in his contention with Mr. Sherwood. On the other hand, Uncle Henry desired his help; but Uncle Henry, Nan knew, would not try to bribe the old lumberman. Under these distressing circumstances, which ...
— Nan Sherwood at Pine Camp - or, The Old Lumberman's Secret • Annie Roe Carr

... being kept up, or the lender desiring the return of his money, the principal sum can be called up, the lender giving six months' notice of his intention to do so. If the borrower fails to pay, a process of law has to be instituted, called a foreclosure suit, which, if successful, transfers the absolute ownership of the property into the hands of the lender, so that he can receive the rents as his own, or, if he pleases, sell the property under legal authority. In view of such a contingency the value of the property ...
— Everybody's Guide to Money Matters • William Cotton, F.S.A.

... sores of centuries. Existing agreements are blocked. Future agreements—for this is their appropriate, if cynical—designation, are relegated to a future which few can foresee. Landlords who have contracted to sell are threatened with bankruptcy by the foreclosure of mortgages. Tenants who have contracted to buy see their hopes deferred with sick hearts. Whilst to owners and occupiers who have not completed their bargains "no hope comes at all." The newly won prosperity of Ireland is doomed ...
— Against Home Rule (1912) - The Case for the Union • Various

... what to do," Conway blurted out finally. "You were so sure all the time he'd never come back.—Now if I don't tell him all about the mortgage and foreclosure there's chance on top of chance he'll find it out himself before the nine months drag by. And then—" He flashed a startled glance up at Leland's calm face. "He'd kill me! What ...
— The Short Cut • Jackson Gregory

... to meet the demand, mortgaged his homestead; the recreant neighbor still insisting that long before the mortgage should be due, he certainly would be able himself to meet it. This, however, he had not done, and, after twice begging off a foreclosure, poor old Grandfather Markham found himself at the mercy of a grasping, remorseless man, into whose hands the mortgage had passed. It was vain to hope that Silas Slocum would wait. The money must either ...
— Aikenside • Mary J. Holmes

... insurrection, so far as concerned any overt manifestation, was at an end. In Stockbridge Tax-collector Williams once more went his rounds. Deputy Sheriff Seymour's red flag floated again from the gable ends of the houses whence the mob had torn it last September, foreclosure sales were made, processes were served, debtors taken to jail, and the almost forgotten sound of the lash was once more heard on the green of Saturday afternoons as the constable executed Squire Woodbridge's sentences at the reerected whipping-post and stocks. Sedgwick's ...
— The Duke of Stockbridge • Edward Bellamy

... Haughton died, what with his debts, what with his father's, and what with Charlie's post-obits and I O U's, there seemed small chance indeed of saving the estate to the Haughtons. But then Mr. Darrell looked close into matters, and with such skill did he settle them that he removed the fear of foreclosure; and what with increasing the rental here and there, and replacing old mortgages by new at less interest, he contrived to extract from the property an income of nine hundred pounds a year to Charlie (three times the income Darrell had inherited himself), where before it had ...
— What Will He Do With It, Complete • Edward Bulwer-Lytton

... hour, day by day, conviction settled upon his soul that in this world one only reigned supreme: the Autocrat of Oil, whose High Priest was Nathaniel Leveson. After heart-rending months of humiliation, upon the eve of foreclosure by the banks, Uncle Jap wrote a forlorn letter to Nathaniel, accepting his offer of fifty thousand dollars for the lake of oil. Mr. Leveson, so a subordinate replied, was not buying oil properties! For the moment he was interested in other matters ... Uncle Jap happened ...
— Bunch Grass - A Chronicle of Life on a Cattle Ranch • Horace Annesley Vachell

... by Japan of making unproductive loans to China in return for which she was getting an immediate grip on China's natural resources and preparing the way for direct administrative and financial control when the day of reckoning and foreclosure should finally come. I also said that the Consortium was between two stools, the financial and the political and that up to the present its chief value had been negative and preventive, and that jealousy ...
— China, Japan and the U.S.A. - Present-Day Conditions in the Far East and Their Bearing - on the Washington Conference • John Dewey

... land for those best fitted for the land. The task can be helped by definite efforts to raise the values of agricultural products and with this the power to purchase the output of our cities. It can be helped by preventing realistically the tragedy of the growing loss through foreclosure of our small homes and our farms. It can be helped by insistence that the Federal, State, and local governments act forthwith on the demand that their cost be drastically reduced. It can be helped by the unifying of relief activities which today are often scattered, uneconomical, and ...
— U.S. Presidential Inaugural Addresses • Various

... intrusted to their care. At first resignedly complaisant, as the hours drifted by Craig had grown cumulatively impatient at the inevitably dragging inventory. Nothing but necessity absolute in the shape of an imminent foreclosure had brought him back to this land at all. Delay had followed delay until at last immediate action was imperative. Then, having agreed to come personally, he was in a fever of haste to have the deal complete ...
— Where the Trail Divides • Will Lillibridge



Words linked to "Foreclosure" :   proceedings, legal proceeding



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