# | Concept | Culture | Statement | Freq. |
---|---|---|---|---|
1 | foreclosure | India | Foreclosure is a rare and legally complex process, often involving lengthy court proceedings, and considered a last resort for reclaiming property from defaulting individuals. | 1 |
2 | foreclosure | India | Foreclosure is not a commonly practiced method in India, and lenders typically resort to other debt recovery mechanisms such as asset seizure or debt restructuring. | 1 |
3 | foreclosure | India | Foreclosure is not a common practice and banks usually resort to lengthy legal proceedings to recover properties from defaulting homeowners. | 1 |