What happens when a Texas judge declares foreclosure?

Answer Judicial foreclosures in Texas are administered by the court of the county to which the foreclosure property is located. Once a Texas judge declares foreclosure on a property, the lender has the ri... Read More »

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What Happens to the Stock of a Company That Declares Bankruptcy?

Commercial bankruptcies are complicated legal proceedings not only for corporations involved in these types of cases but for their shareholders as well. As a stockholder in a corporation that files... Read More »

What happens if a board of directors declares a dividend can't be paid?

A corporation's dividend policy is established by its board of directors. The directors have the authority not only to declare the payment of dividends, but also, if warranted by financial conditio... Read More »

What happens when a house goes into foreclosure?

Foreclosure is the process by which a lender repossesses a property securing a defaulted loan. New consumer protection legislation in our changing economy will continue to affect the specific forec... Read More »

What happens when a house goes into foreclosure in Wisconsin?

The state of Wisconsin mandates that a judge issues a final judgment of foreclosure. Once he issues the judgment, a process begins that may result in a sale of the property.ReclamationAfter the for... Read More »