A legal term applied to any of the various methods of enforcing payment of the debt secured by a mortgage , or deed of trust, by taking and selling the mortgaged property, and depriving the mortgagor of possession.
It is always important to work with an experienced mortgage professional working with divorcing clients. A Certified Divorce Lending Professional (CDLP™) can help answer questions and provide excellent advice.
Please don’t hesitate to reach out to me directly to provide additional information.
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