Foreclosure means that the court will order the land sold to satisfy the debt owed,usually by auction to the highest bidder,with any excess after payment of what is owed to the secured creditor going to the debtor.

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Foreclosure means that the court will order the land sold to satisfy the debt owed, usually by auction to the highest bidder, with any excess after payment of what is owed to the secured creditor going to the debtor.

Foreclosure Means That the Court Will Order the Land Sold