Setup Menus in Admin Panel

Sharing the Knowledge!™

Finance Knowledge and Information

What does nonjudicial foreclosure mean?

SEARCHING
Suggestion/Report Error
nonjudicial foreclosure
Noun


The sale of property that is the subject of a security interest or mortgage at public sale by the secured creditor without first going to court and without court supervision.

Synonym(s): 
  • non-judicial foreclosure; power of sale.
top
© 2015-2024 Pecunica LLC.  All rights reserved.
;