Legal Advice on Judicial Foreclosure

  1. Judicial Foreclosure Process

    Margery Ellen Golant

    The Foreclosure Process. Foreclosure is the process by which the lender takes control of the property which was pledged as collateral for the mortgage debt and sells the property to raise money to... more

  2. Nonjudicial Foreclosure Process

    Margery Ellen Golant

    Foreclosure is the process by which the lender takes control of the property which was pledged as collateral for the mortgage debt and sells the property to raise money to pay on the debt created by... more

  3. What is foreclosure?

    Margery Ellen Golant

    What is a mortgage ? A mortgage is a debt agreement that is made between a person who wants to borrow money and a lender. The major difference between mortgages and other sorts of debts is that the... more

  4. Banks Produce the Note

    Ray Garcia

    In order to foreclose on a property, a bank must first obtain a Final Judgment of Foreclosure. There is a specific procedural process that must be followed before a court may enter a Final Judgment... more

  5. Signs A Foreclosure Sale Date Exists - Virginia

    John Gerth Merna

    This may seem like an unusual topic for a legal guide. "Don't you receive notice?" you might ask. "Doesn't the law require you to be served?' Virginia is a non-judicial foreclosure state which means... more

  6. How To Fight A Foreclosure

    Andrew Daniel Myers

    There are two basic types of foreclosure, judicial and non judicial. In a judicial foreclosure, the mortgage company files against the borrower in order to obtain a decree of sale from a court... more

  7. Foreclosure Process in Wisconsin

    Edward W. Harness

    Judicial Foreclosure in Wisconsin. In the absence of a power of sale clause in the loan document, the lender must sue the defaulted borrower and obtain a court order to foreclose. Unless the lender... more

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