Q&A: What papers must be filed on a foreclosure action?

November 3rd, 2011 admin

Question by : What papers must be filed on a foreclosure action?
When a lender starts a foreclosure action, what papers must the lender and/or trustee file which become public record?

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Answer by Common Sense
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Posted in Finance Tags: action, filed, foreclosure, must, papers

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2 Responses to “Q&A: What papers must be filed on a foreclosure action?”

1. TheMom says:

   November 3, 2011 at 11:07 am

   The only public record is the notice in the newspaper.
2. miakoda says:

   November 3, 2011 at 11:26 am

   It depends on the state that the property being foreclosed is in. If it is a judicial state meaning that a legal court process is required to foreclose then there will most likely be a complaint filed with the county courthouse as well as a judgement hearing. If it is in a non judicial state nothing is required to be filed with the court house until after the foreclosure. The notifications to the borrower vary by state also and are usually a notice in the paper or a posting at the property. You should look up the legal process for foreclosure in your state.