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When a lender on a loan in default is forced to go to court and request an order of foreclosure, this is called?
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When a lender on a loan in default is forced to go to court and request an order of foreclosure, this is called?

User Gforcada
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Answer: The answer is judicial foreclosure. If a mortgage or deed of trust does not include a power of sale clause, a lender must request a court order for foreclosure. This is known as a judicial foreclosure. A property is valued at $295,000.

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User Divyang Hirpara
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