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Is a foreclosure considered a civil judgment for the purpose

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Is a foreclosure considered a civil judgment for the purposes of a U4 application?

I'm applying for financial industry U4. I also have 2 foreclosures and have just filed for bankruptcy. I'm wondering if a foreclosure is considered a "civil judgment" for the purposes of a U4 application.
Did the lender proceed through a judicial or nonjudicial foreclosure?
Customer: replied 6 years ago.
These were judicial foreclosures.

Then yes, these would constitute civil judgments.


Please let me know if you have any other questions or require clarification. Otherwise, please hit "ACCEPT" so I may receive credit for my efforts.


Good Luck!

Customer: replied 6 years ago.
Thank you for the prompt response.

This leads me to 2 other questions:

1. The U4 form asks if the matter was resolved by being: Discharged, Released, Removed, or Satisfied. Would this be considered "Satisfied"

2. Are deeds-in-lieu or short sales also considered civil judgments?

If the foreclosure happened, pursuant to the order of the court, then it would be considered satisfied.


Deeds in lieu and short sales are not considered civil judgments.

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