Definition of kismet for English Language Learners. : a power that is believed to control what happens in the future.
When the judge issues a decision, if it is favorable to the lender, it is called a judgment. The Final Judgment. The final judgment is the written determination of the foreclosure lawsuit by the presiding judge. It is issued at the end of the lawsuit, assuming the foreclosure is granted, and effectively ends the case. The party against whom the final judgment is made may appeal the decision to a higher court. After the Judgment
Foreclosure and the Final Judgment Process. A foreclosure is a process by which a lender takes away a mortgaged property when the borrower defaults on loan payments. There are two principal processes used for foreclosure in the United States: judicial and nonjudicial. It is in the judicial process that a final judgment is issued.