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Alabama Foreclosure Law

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The Alabama Foreclosure Law allows lenders to seek judicial or non-judicial foreclosure process for recovering outstanding dues from house owners.

  • The law takes Deed of Trust and the Mortgage agreement into account as the primary security instruments.
  • Where the deed of trust or mortgage agreement is silent on the power of sale in a foreclosure, the lender will be required to file a lawsuit in Alabama court before initiating the sale process.
  • The legal machinery might take any period in between 1 to 2 months for completing a foreclosure case.

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Few tips that could help you making your foreclosure.

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