bírói végrehajtás

főnév

full

judicial foreclosure

noun

Definitions of judicial foreclosure

English

for a court to confirm that a debtor has not paid back a loan as agreed and to order the auction of the debtor's property, especially property used as security for the loan, to raise funds to pay back the creditor; the judicial process required to do this

In California, a creditor may commence both a judicial foreclosure and a nonjudicial power of sale.