http://www.learnaboutlaw.com/california-foreclosure-law-foreclosure-in-california Learn About Law - Talk About Law - Find a Lawyer Fri, 21 Nov 2008 23:05:00 +0000 http://wordpress.org/?v=2.6.2 http://www.learnaboutlaw.com/california-foreclosure-law-foreclosure-in-california#comment-98 What Happens After Foreclosure Mon, 26 May 2008 04:43:01 +0000 http://www.learnaboutlaw.com/blog/?p=163#comment-98 [...] There are two types of foreclosure: judicial foreclosure and trustee’s sale (non-judicial) foreclosure. Some states use one or the other, and some states use both (the lender can usually choose which manner of foreclosure in states that allow both). Judicial foreclosure is just like it sounds: it is a lawsuit by a bank against a lender to secure a judgment of foreclosure. This means paperwork, court proceedings, motions, orders, appraisals, and a formal auction. As such, judicial foreclosure is more expensive for a bank, and takes longer. For information on foreclosure specific to California, read California Foreclosure Law. [...] [...] There are two types of foreclosure: judicial foreclosure and trustee’s sale (non-judicial) foreclosure. Some states use one or the other, and some states use both (the lender can usually choose which manner of foreclosure in states that allow both). Judicial foreclosure is just like it sounds: it is a lawsuit by a bank against a lender to secure a judgment of foreclosure. This means paperwork, court proceedings, motions, orders, appraisals, and a formal auction. As such, judicial foreclosure is more expensive for a bank, and takes longer. For information on foreclosure specific to California, read California Foreclosure Law. [...]

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