Final answer:
Foreclosure is the process of enforcing a lien by forcing the sale of the lienee's property to recover the owed debt, commonly associated with defaulted mortgages.
Step-by-step explanation:
The process of enforcing a lien by forcing the sale of the lienee's property is called foreclosure. This legal procedure allows the lienholder to recover the amount owed on a debt by selling the property that the lien is attached to. Normally, property liens are a result of a court judgment, defaulted loan, or unpaid taxes. The most common example being the foreclosure of a mortgage, where the bank or financial institution forces the sale of a home to recoup the balance of the mortgage if the borrower fails to meet the payment terms.