Debt and Bankruptcy
Debt Collection
Foreclosure

In a judicial foreclosure what does a Judgment and Decree of Foreclosure on Cross Claim mean?

User Avatar
Wiki User
August 19, 2008 7:49PM

That means that the cross claimant in the lawsuit was granted a judgment against the cross defendant(s). If the judgment is not satisfied in full immediately, the property in jeopardy will be foreclosed upon.