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Montana Foreclosure Law

HomeForeclosure MontanaMontana Foreclosure Law

Lenders in Montana can foreclose the properties of their borrowers through judicial or non-judicial foreclosure. Both the processes are acceptable by the Courts of Montana.

  • Under judicial foreclosure, the court provides the borrower a grace period after filing a lawsuit to settle the pending amount.
  • If the borrower fails to repay, the court issues a foreclosure order based on which the lender can decree the property for sale.
  • A non-judicial foreclosure can enforce only when the Deed of Trust does not contain a power of sale clause.
  • The lender can sell the property after obtaining pre-authorization from the borrower before the sale.

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Few tips that could help you making your foreclosure.

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