Minnesota foreclosure law gives lenders the option to carry out foreclosure processes through judicial or non-judicial routes.

• Under the judicial route of Minnesota foreclosure law, a lawsuit will have to file in the court to which the borrower has to respond within the ordained period.
• The court, if convinced of default by the borrower, will order foreclosure of the property.
• The lender has to notify the borrower specifying the loan amount, interest payable, default amount, description of the property, etc., and record it in the county where the property locates.
• The county sheriff is responsible for conducting the sale of the property based on the notice for sale.

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