A precautionary foreclosure is a court decision made to prevent the transfer of these goods to third parties in order to prevent the borrower from smuggling their goods. In particular, in commercial activities based on exchange notes (checks, bonds), if those responsible for the debt are unable to pay the exchange notes, the applicable legislation has allowed the creditor to foreclose on the Property in exchange for a certain guarantee so that it can quickly go on the path of collection that you will receive.