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Are foreclosure rules different in every state?

Updated: 8/21/2019
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Q: Are foreclosure rules different in every state?
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What are the laws regarding bank seizure of a home in foreclosure?

Every state has different rules regarding what a bank can do to a homeowner in foreclosure. In most states it is not a matter before the court, so there is little control over what they do. Forclosurelaw.org has state-by-state info that may help you.


Your mortgage has been called what are your options?

Your options are to call a foreclosure lawyer or to call a bankruptcy lawyer because every state is different and you need professional assistance we can't provide you.


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In almost every state, the answer is "NO".


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Foreclosure procedure is addressed by state statutory laws. You need to search online for "your state + foreclosure procedure".


What does the Uniform Commercial Code have to do with foreclosure in the state of PA?

The 'Business of Foreclosure' is a commercial activity/transaction performed by a lender, therefor it falls under the U.C.C. and they must follow certain Uniformcodes/rules laid out within the Commercial Code.


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What is the redemption period for Virginia State?

There is no redemption period for the state of Virginia. http://www.realtytrac.com/foreclosure-laws/Virginia-foreclosure-laws.asp


What are your rights during a foreclosure on your home?

It actually depends on your state, as the foreclosure laws are set by state. There are actually companies that will work with you for free to buy your mortgage away from your mortgage company and avoid your foreclosure.