Submit a Request...Receive the help you need!
We've helped 25 clients find affordable attorneys today.

Click here to know more about membership
  • Members have 24/7 emergency access to their attorneys via Mobile App.
  • Legal consultation for all personal legal matters.
  • You get instant access to your own dedicated law firm.
  • Membership covers you, your spouse/partner, children and dependents.
  • 101 more reasons. Read here
Close

Michigan Foreclosure Law

HomeForeclosuresMichigan Foreclosure Law

Lenders in Michigan can foreclosure properties based on the Mortgage or Deed of Trust through judicial or non-judicial foreclosure process.

  • The usual timeline for completing the foreclosure process is 60 days where the court may permit a time interval, varying from case to case, to the borrower to repay the debt.
  • Lender can resort to non-judicial foreclosure in deeds of trust with power of sale clause.
  • In such cases the lender can sell the property after obtaining pre-authorization from the borrower. However, where the Deed specifies any specific time, place or manner in which the property has to be foreclosed, the lender has to adhere to such specifications.

Important: The articles available on uslawyer.us are neither legal advice, nor a replacement for an attorney. The articles are general information and guidance concerning different legal issues. We make sure that these articles prove helpful to you but we do not promise or guarantee that they are suitable to your condition. We also do not take responsibility for any loss that might cause to you using these articles. Hence, it is strictly suggested to not to rely on the information provided in these articles completely without getting expert legal advice. It is also suggested to consult or hire an attorney in case of any doubt.