|
Home
Discussion Board
"Hands-On" Training
Title Holding Trust
Annual Reunion
Speaking Schedule
Store
Foreclosure Fundamentals
Code References
50 State Foreclosure Basics
Foreclosure Glossary
Foreclosure Statistics
70+ Yrs Interest Rates
Fillable Forms
Archived Articles
Dingbat Retirement Plan
Links
Contact / Map
About Us
Home
|
Foreclosure Basics - By State
|
State
|
Security
Instrument
|
Foreclosure
Type |
Initial
Step |
# of
Months |
Redemption |
Deficiency |
|
Alabama |
Mortgage |
Nonjudicial |
Publication |
1
|
12 months |
Allowed |
|
Alaska |
Trust Deed |
Nonjudicial |
Notice of Default |
3
|
None |
Allowed |
|
Arizona |
Trust Deed |
Nonjudicial |
Notice of Sale |
3
|
None |
Allowed |
|
Arkansas |
Mortgage |
Judicial |
Complaint |
4
|
None |
Allowed |
|
California |
Trust Deed |
Nonjudicial |
Notice of Default |
4
|
None |
Prohibited |
|
Colorado |
Trust Deed |
Nonjudicial |
Notice of Default |
2
|
75 Days |
Allowed |
|
Connecticut |
Mortgage |
Strict |
Complaint |
5
|
None |
Allowed |
|
Delaware |
Mortgage |
Judicial |
Complaint |
3
|
None |
Allowed |
|
Dist. of Col. |
Trust Deed |
Nonjudicial |
Notice of Default |
2
|
None |
Allowed |
|
Florida |
Mortgage |
Judicial |
Complaint |
5
|
None |
Allowed |
|
Georgia |
Security Deed |
Nonjudicial |
Publication |
2
|
None |
Allowed |
|
Hawaii |
Mortgage |
Nonjudicial |
Publication |
3
|
None |
Allowed |
|
Idaho |
Trust Deed |
Nonjudicial |
Notice of Default |
5
|
None |
Allowed |
|
Illinois |
Mortgage |
Judicial |
Complaint |
7
|
None |
Allowed |
|
Indiana |
Mortgage |
Judicial |
Complaint |
5
|
3 months |
Allowed |
|
Iowa |
Mortgage |
Judicial |
Petition |
5
|
6 months |
Allowed |
|
Kansas |
Mortgage |
Judicial |
Complaint |
4
|
6-12 months |
Allowed |
|
Kentucky |
Mortgage |
Judicial |
Complaint |
6
|
None |
Allowed |
|
Louisiana |
Mortgage |
Exec.Process |
Petition |
2
|
None |
Allowed |
|
Maine |
Mortgage |
Judicial |
Complaint |
6
|
None |
Allowed |
|
Maryland |
Trust Deed |
Nonjudicial |
Notice |
2
|
None |
Allowed |
|
Massachusetts |
Mortgage |
Judicial |
Complaint |
3
|
None |
Allowed |
|
Michigan |
Mortgage |
Nonjudicial |
Publication |
2
|
6 months |
Allowed |
|
Minnesota |
Mortgage |
Nonjudicial |
Publication |
2
|
6 months |
Prohibited |
|
Mississippi |
Trust Deed |
Nonjudicial |
Publication |
2
|
None |
Prohibited |
|
Missouri |
Trust Deed |
Nonjudicial |
Publication |
2
|
None |
Allowed |
|
Montana |
Trust Deed |
Nonjudicial |
Notice |
5
|
None |
Prohibited |
|
Nebraska |
Mortgage |
Judicial |
Petition |
5
|
None |
Allowed |
|
Nevada |
Trust Deed |
Nonjudicial |
Notice of Default |
4
|
None |
Allowed |
|
New Hampshire |
Mortgage |
Nonjudicial |
Notice of Sale |
2
|
None |
Allowed |
|
New Jersey |
Mortgage |
Judicial |
Complaint |
3
|
10 Days |
Allowed |
|
New Mexico |
Mortgage |
Judicial |
Complaint |
4
|
None |
Allowed |
|
New York |
Mortgage |
Judicial |
Complaint |
4
|
None |
Allowed |
|
North Carolina |
Trust Deed |
Nonjudicial |
Notice Hearing |
2
|
None |
Allowed |
|
North Dakota |
Mortgage |
Judicial |
Complaint |
3
|
60 days |
Prohibited |
|
Ohio |
Mortgage |
Judicial |
Complaint |
5
|
None |
Allowed |
|
Oklahoma |
Mortgage |
Judicial |
Complaint |
4
|
None |
Allowed |
|
Oregon |
Trust Deed |
Nonjudicial |
Notice of Default |
5
|
None |
Allowed |
|
Pennsylvania |
Mortgage |
Judicial |
Complaint |
3
|
None |
Allowed |
|
Rhode Island |
Mortgage |
Nonjudicial |
Publication |
2
|
None |
Allowed |
|
South Carolina |
Mortgage |
Judicial |
Complaint |
6
|
None |
Allowed |
|
South Dakota |
Mortgage |
Judicial |
Complaint |
3
|
180 days |
Allowed |
|
Tennessee |
Trust Deed |
Nonjudicial |
Publication |
2
|
None |
Allowed |
|
Texas |
Trust Deed |
Nonjudicial |
Publication |
2
|
None |
Allowed |
|
Utah |
Trust Deed |
Nonjudicial |
Notice of Default |
4
|
None |
Allowed |
|
Vermont |
Mortgage |
Judicial |
Complaint |
7
|
None |
Allowed |
|
Virginia |
Trust Deed |
Nonjudicial |
Publication |
2
|
None |
Allowed |
|
Washington |
Trust Deed |
Nonjudicial |
Notice of Default |
4
|
None |
Allowed |
|
West Virginia |
Trust Deed |
Nonjudicial |
Publication |
2
|
None |
Prohibited |
|
Wisconsin |
Mortgage |
Judicial |
Complaint |
Varies
|
None |
Allowed |
|
Wyoming |
Mortgage |
Nonjudicial |
Publication |
2
|
3 months |
Allowed |
Note: Laws change constantly. Check with your local law library for the most up-to-date information regarding foreclosure procedures in your area.
|
Information provided by this website is for informational purposes only and is not a substitute for professional advice. Please consult your investment advisor and/or attorney before entering into any transaction. Read our privacy policy.
Copyright © 1997-2010, InnoVest Resource Management
http://www.foreclosureforum.com
InnoVest Resource Management, 4569-A Mission Gorge Place, San Diego CA 92120-4112
(619) 283-5444, Fax (619) 283-5455
