Attorneys

North Dakota Foreclosure FAQs

• Q: Does North Dakota Law Allow for a Redemption Period After a Foreclosure?
  A: Yes, a North Dakota borrower may redeem the property by paying the outstanding principal, interest, costs and fees owed on the loan. Typically, the redemption … More
• Q: Where and When do Foreclosure Sales Take Place in North Dakota?
  A: North Dakota law does not provide specific details about the time, date and location of property foreclosure sales. However, the time, date and location must be … More
• Q: What Public Notice Requirements are There for a Real Estate Foreclosure in North Dakota?
  A: All foreclosures of North Dakota property occur with judicial involvement. A lender must sue the borrower to obtain a foreclosure. If the court issues a … More
• Q: Can a Lender Sue a Borrower for a Deficiency Judgment if the Lender is Still Owed Money After a Foreclosure Sale in North Dakota?
  A: There is no right to sue a borrower for a deficiency judgment if the property at issue is a single family dwelling or a multi family dwelling with fewer than four … More
• Q: How Can a Lender Foreclose on a Property in North Dakota?
  A: North Dakota is a judicial foreclosure state. That means that in order to foreclose on a property the lender must sue the borrower and the court must issue a judgment … More
• Q: How Long Does the Typical Foreclosure Process Take in North Dakota?
  A: North Dakota is a judicial foreclosure state so the timing of each foreclosure is in part dependent on the court’s availability and orders. Typically, a … More
• Q: Can I Keep My Home If I File Bankruptcy in North Dakota?
  A: North Dakota exempts $80,000 worth of accumulated equity in a primary residence from unsecured creditors during bankruptcy proceedings. Therefore, if a homeowner … More

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