Sentence examples for default proceedings from inspiring English sources

After completing legal default proceedings, banks typically auction properties on the steps of county courthouses.

A Republican voter, Wolf approves the solution advocated by Mitt Romney, Obama's opponent: "Do nothing to stop default proceedings, let them bottom out, then allow the market to find its own level".

The number of homes in the state in some stage of foreclosure jumped to 7,632 in the first three months of 2008, a 300percentt increase from the first quarter of 2007, when there were 1,893 homes facing default proceedings, putting Connecticut ahead of both New Jersey, which ranks 16th, and New York, which is 30th.

The notices started the default proceedings and now Beazer has 60 days to correct the default by filing its earnings report.

And when the feds take longer than three days to disqualify someone, retailers are allowed to go ahead and sell that person a gun regardless, under what's known as "default proceedings".

In many others, banks instructed families to miss loan payments in order to apply for bank and government assistance, only to foreclose on them once the loan entered default proceedings.

Secrecy is the default in grand jury proceedings, and testimony is rarely made public.

About 4.4 million households are in severe default, although formal foreclosure proceedings have in many cases not yet begun.

Legacy Asset Servicing will also lead the handling of home loans in default, including initiating foreclosure proceedings, and deal with billions of dollars in claims by investors seeking to force Bank of America to buy back bad mortgages.

If Nakheel defaults on its payment, legal proceedings may be initiated.

The Republicans on the House Energy and Commerce Committee appear to have hit the pause button on their investigation into the failure of Solyndra, a solar panel maker that entered bankruptcy proceedings in September, defaulting on a $528 million federal loan.