What is a Master-In Equity court??

[Tina Ferrier]

Hey all;

I was driving for dollars today and i noticed what seem to be a distressed property. i took down the address and went to my county's tax assessor's office website to see if its an absentee owner. it turns out that the owner had the same address. i thought it was a bit odd so i took the owner's name and did a public index search.

I found the owner's name, the address and a master in equity judge.

it was titled Bank of so and so as Trustee VS home owner.

There is a lot of information on here that i do not but wish i understood.

i have so many questions.

What does it mean? 

what happens to the house? 

is it foreclosed? 

do i contact so and so bank about it?