Default means that you have not made the agreed-upon payments in full on time. You may be making partial payments (ie, paying $250 a month instead of $350 a month), but still be in default.
A notice of default is used to notify a borrower that they have defaulted on their debt. To default on a debt means to fail to repay it. So a notice of default reminds the borrower that he has not made a payment on his debt on time.
Pre-Foreclosure is a term the banks use internally to track the property's status. Essentially, what it means is that the home has already gone into default and a Notice of Default has been recorded. Pre-foreclosure is the time between the NOD filing and the Filing of the Notice of Trustee Sale.
No its not illegal but you will default if you don't pay and that means you'll lose your house and get bad credit.
The word default can be used as a noun or a verb. He worried she had chosen him by default. The device was stuck on the default setting.
Default basically means the first choice
Default basically means the first choice
According to dictionary.com, there does not appear to be a single word that means "by default".
It means that the borrower did not pay as promised. It means you are in default on the loan.
It means if you had a loan payment and you missed the payment. That means your loan is in default. It also means an accepted outcome, i. e. "The default setting for my computer's firewall is medium."
The default link name is Default first site
To use the 'default setting' means to use what it was set to when you first got it.
No vaselating' what the default output device means is newtral...
Default means original whatever conifguration it changes to its original settings.
Default means that you have not made the agreed-upon payments in full on time. You may be making partial payments (ie, paying $250 a month instead of $350 a month), but still be in default.
Default means that you have not made the agreed-upon payments in full on time. You may be making partial payments (ie, paying $250 a month instead of $350 a month), but still be in default.
The default home page of a browser is the first page. It is the link which opens up first when loaded.