Question:

Has anyone ever heard of "Forced foreclosure?"?

by  |  earlier

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Could you please explain this ? Thanks.

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3 ANSWERS


  1. A creditor can force someone into bankruptcy but no one can force you not to make your house payments.


  2. As far as I know all foreclosure is forced  - the bank takes the property back and sells it to try and recoup it's investment when the loan isn't paid.

  3. I can't imagine any are.   People opt to stop paying their bills and they force a foreclosure, it is not forced on them.

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