Most foreclosures in West Virginia are nonjudicial, meaning they don't go through the court system. West Virigina law requires certain notices during the process and provides the homeowner with the right to reinstate (pay past due amounts plus fees and costs in order to get the property back). If the foreclosure goes through, and the sale proceeds are not enough to cover your mortgage balance, the lender can file a separate lawsuit to recover the remaining amount you owe, called the deficiency.
Below you can read about key features of West Virginia foreclosure procedure, and learn when you might be liable for a deficiency after foreclosure. Don't forget to check our Foreclosure section for more information on foreclosure, including defending against foreclosure in court, government foreclosure prevention programs (like HAMP), and more.