How and when a home can be ceased by bank
People take loan from a bank and because of financial issue cannot pay the bank on time after some time bank got the right to put whatever they have purchased from bank to put on for foreclosure it can be a car or a property or even a home. In case of a home or property some people think that transferring the ownership in the name of any other person will save them to pay the mortgage and will prevent the foreclosure of their property but it is not the fact. In reality it is a stupid step to take...