It takes about one year for a foreclosure action to run its course.

This is because the tenant is often named in any foreclosure action along with the owner.

As a result, the foreclosure action was stayed.

But only by getting deeper in debt did they ward off two foreclosure actions.

A foreclosure action is taken against an owner who has failed to keep up payments on a mortgage loan.

After careful review of all options and prospects, we have decided to begin foreclosure action.

As a result, needless foreclosure actions are taking place - further depressing the market.

Since then, officials said, no homes have been foreclosed upon, although some foreclosure actions are pending.

There were 67,658 foreclosure actions in the first half of 2008.

After that time, however, the lien holder can start a foreclosure action.