CALL LEGAL PROVIDER
(888) 676-7128

Need Affordable Foreclosure Lawyer Near You?
Submit your details or call at (888) 676-7128 toll free

We respect your privacy. Your information will be sent securely and handled with care.

Mississippi Foreclosure Law

HomeForeclosureMississippi Foreclosure Law

The Mississippi foreclosure law allows lenders to seek foreclosure through the judicial or non-judicial process.

State law does not provide the right of redemption or deficiency judgments to borrowers.

  • The judicial Mississippi foreclosure requires a lawsuit to be filed in court, which will be enquired by the court before the foreclosure is given to the lender.
  • The non-judicial foreclosure is valid only in cases where the Deed of trust or mortgage does not have the power of sale clause. In such cases, the property will be auctioned off the highest bidder.
  • The power to sell the property can be transferred by the lender to his legal or heir or representative.

You can find a Mississippi foreclosure lawyer easily here

Important: The articles available on uslawyer.us are neither legal advice nor a replacement for an attorney. The contents 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 for your condition. We also do not take responsibility for any loss that might cause to you using these articles. Hence, we strictly suggest you get expert legal advice. Consult or hire an attorney in case of any doubt.