There are two types of foreclosures -- judicial and nonjudicial. A judicial foreclosure goes through court. A nonjudicial foreclosure does not. Some states require that all foreclosures be judicial; others set forth procedures for nonjudicial foreclosures. Whether a foreclosure is judicial or nonjudicial is significant- it affects the foreclosure process and procedures, how you can raises defenses, and often whether you'll be liable for a deficiency after the foreclosure sale.
Learn the basics about judicial and nonjudicial foreclosures.
Foreclosure works differently in different states.
Learn the basics about judicial foreclosures.
Here are the essentials to consider if you want to fight a judicial foreclosure.
What is a nonjudicial foreclosure? Find out here.
To fight a nonjudicial foreclosure, you'll have to start a lawsuit.
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