In Indiana, a bank may generally get a deficiency judgment after a foreclosure. But if you agree to a faster foreclosure—and the bank consents—you can prevent this from happening. ... READ MORE
Businesses can get into financial trouble and fall behind on mortgage payments. This is called “defaulting” on the mortgage. When this happens, the lender will typically begin foreclosure proceedings. ... READ MORE
If you breach (break) important provisions in your mortgage agreement, like failing to pay your property taxes, you might face a foreclosure. ... READ MORE