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Posted On: October 8, 2010 by Scott Sagaria

Foreclosure Notices

A San Francisco bankruptcy attorney

A foreclosure notice is notice from your lender that the loan payment is in default and there is going to be a sale of the property if the delinquent amount is not cured by the sale date. Foreclosure sales are to generate money in order to satisfy any outstanding balance. Generally the foreclosure sale does not generate enough money to completely cover the outstanding balance.

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