Foreclosure is a legal proceeding in which a mortgage or lien holder obtains a court ordered termination of the borrower’s right in the property. This usually is seen in real estate transactions where the owner (mortgagor) is unable to comply with the terms of the Note and Deed of Trust. There are very complex and binding rules governing foreclosure. Seeking legal advice early in the process is crucial. Brinkley Walser handles foreclosure proceedings and has a strong history of representation for both commercial lenders and for owners of property involved in foreclosure.