Free US Law Dictionary
BETA
Delinquent
A delinquent is one who fails to do that which is required by law or by duty when such failure is minor in nature.
The term is often used to refer to a juvenile who commits a minor criminal act—juvenile delinquents.
In other cases, a delinquent is a person who fails to pay a debt or other financial obligation, like a mortgage. Failure to cure a delinquent payment can result in repossession or foreclosure.
Delinquent
Ok...so I know I haven't written much in forever. This isn't really going to change that because I've got the start of a cold coming on and need to get to bed...
Five Delinquent Homeowners You Will Meet in Court (and One You Won't)
When homeowners become delinquent in their assessment payments, their accounts are usually turned over to the association’s law firm for collection...
FTB Publicizes Names Of Delinquent Taxpayers
Avoid the adverse publicity of being listed on a government website as a delinquent taxpayer in California who owes personal income tax, corporate income tax, sales tax or use tax...
2.5% of Home Mortgages in Forecslosure; More than 6% delinquent
Check out this post from Credit Slips discussing a survey done by the Mortgage Bankers Association showing that 2.47% of home mortgages are in bankruptcy and 6...
Landlord Has Interesting Way Of Getting Attention of Delinquent Tenants
He crashed his Hummer into their - um, his - house! At about 2:30 a.m.! As reported by delawareonline: According to New Castle County police, the tenants, a 50-year-old man and his 53-year-old wife, awoke around 2:30 a...
Fannie: OK To Modify Non-Delinquent Mortgage Loans
Housing Wire reports:
In a move likely to be echoed by Freddie Mac, and perhaps a blueprint for changes in the private-party mortgage market, housing finance giant Fannie Mae said late Monday that it had taken a series of steps to allow servicers to intervene in troubled mortgages before a borrower becomes delinquent, the latest in a series of changes at the GSEs designed to help head off a flood















