Legal Analysis: Shareholders at Town Park Village Face Ejectment Risks In the ongoing legal battles surrounding Town Park Village's Overtown co-operative, I've recently analyzed a complex situation that has left many shareholders facing an uncertain future. While recent court rulings spared these shareholders from immediate eviction, the reality is that they could still lose their homes and every dollar they have invested in the cooperative. The Situation at Town Park Village

First of all, what is foreclosure? Legally, it’s the enforcement of a mortgage lien by judicial sale of the property. A mortgage lien is...