Last Updated :2025/11/20

foreclosure

Noun
countable uncountable
Japanese Meaning
債権者が住宅ローン等の滞納により、担保物件を取り戻すために行う法的手続き
What is this buttons?

数回の住宅ローンの支払いを滞納した後、家族は銀行が抵当権を行使して自宅を取り戻すための法的手続きに直面した。

plural

Quizzes for review

(law) the proceeding, by a creditor, to regain property or other collateral following a default on mortgage payments

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foreclosure

After missing several mortgage payments, the family faced foreclosure when the bank initiated proceedings to repossess their home.

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After missing several mortgage payments, the family faced foreclosure when the bank initiated proceedings to repossess their home.

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