Site: nolo.com
... Judicial Foreclosure Process: The Case of Peter and Mari
Peter and Mari bought their house several years ... Peter also took a major pay cut. She and Peter can no longer afford their payments. ... Peter and Mari decide to let the foreclosure happen. ... Peter and Mari let the 30 days expire without paying the amount needed to reinstate the loan. ... In Peter and Mari’s case, this happens within 30 days after the sale. ...