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August 2019 Archives

Taking control of foreclosure proceedings

If you are behind in your mortgage repayments, you have probably started to hear from your lender, and they may have threatened you with foreclosure. Foreclosure essentially means losing your home and the repayments you have made in the past. It also leads to a poor credit rating and therefore a difficulty in getting a home in the future.

Can commercial property foreclosure be avoided?

Foreclosure proceedings on a commercial property tend to work in the same way as residential properties, but the stakes are often much higher. Losing a commercial investment to foreclosure could have a detrimental impact on your entire business, therefore you must take early action to gain a comprehensive understanding of your options.