Attorneys

Oklahoma Foreclosure FAQs

• Q: Does Oklahoma Law Allow for a Redemption Period After a Foreclosure?
  A: No. Once a foreclosure sale is complete, an Oklahoma borrower has no right of redemption for the property. More
• Q: Where and When do Foreclosure Sales Take Place in Oklahoma?
  A: The date, time and location of a foreclosure sale in Oklahoma is published in the Notice of Sale. State law requires that the Notice of Sale be published at … More
• Q: What Public Notice Requirements are There for a Real Estate Foreclosure in Oklahoma?
  A: In Oklahoma, the foreclosure process can begin in one to two ways. A lender may file a lawsuit if there is no power of sale in the loan documents for the … More
• Q: Can a Lender Sue a Borrower for a Deficiency Judgment if the Lender is Still Owed Money After a Foreclosure Sale in Oklahoma?
  A: A lender has 90 days from the date of the foreclosure sale to bring a deficiency judgment action against a borrower. The amount of the deficiency judgment is … More
• Q: How Can a Lender Foreclose on a Property in Oklahoma?
  A: Oklahoma law permits a lender to foreclose on a property without judicial involvement if the mortgage agreement contains a power of sale clause. Most Oklahoma … More
• Q: How Long Does the Typical Foreclosure Process Take in Oklahoma?
  A: In Oklahoma, most property foreclosures can be completed in about 90 days. Of course, if the borrower objects to the foreclosure or files for bankruptcy then the … More
• Q: Can I Keep My Home If I File Bankruptcy in Oklahoma?
  A: Since Oklahoma law allows a homeowner to keep all of the equity in his or her primary residence, an Oklahoma homeowner is likely to keep his or her home during … More

Click here to view general Foreclosure FAQs