Yes, if you are not making payments on your home, the bank can foreclose. Even if you are paying something, if you are not paying the amount agreed to in the loan modification or original contract, the bank can foreclose. If bankruptcy is active, they may need permission from the court but if payments are not being made in a timely fashion the court generally grants permission to foreclose. The moral of the story - make your payments or the bank can foreclose!
A foreclosure or bankruptcy is never good for your credit, this is something you'd be better off discussing with an attorney. You can avoid foreclosure by filing bankruptcy.
Permission to do something is to be authorised by an authority in charge.
Different things for different purposes. Death ends bankruptcy. Death does not end debts...debts will be paid before your will is acted on...even if it uses something your will wanted to go to someone else....your debts come first.
In general, no. They are two different transactions. The only way something like that could happen is if there is some sort of court litigation going on. Just to be safe, check with an attorney.
no
A written document giving someone permission to do something is called a "license."
Permission for something to happen or agreement to do something.
Asking if you can do something.
no
A by your leave is a request for special permission to do something.
"you may" means that you have permission ( to do something) . "you can" means that you are able (to do something).