Attorneys

Rhode Island Foreclosure FAQs

• Q: Does Rhode Island Law Allow for a Redemption Period After a Foreclosure?
  A: Rhode Island law only allows for a redemption period in limited circumstances. If a foreclosure occurs through a non judicial process then there is no right of … More
• Q: Where and When do Foreclosure Sales Take Place in Rhode Island?
  A: Rhode Island foreclosure sales occur during regular business hours or between 9 am and 5 pm.  The date, the specific time and the location of each sale specified … More
• Q: What Public Notice Requirements are There for a Real Estate Foreclosure in Rhode Island?
  A: If the loan documents for a Rhode Island property include a power of sale then a lender may proceed with a foreclosure sale without court involvement. The lender … More
• Q: Can a Lender Sue a Borrower for a Deficiency Judgment if the Lender is Still Owed Money After a Foreclosure Sale in Rhode Island?
  A: Yes, a lender can sue a borrower for any amount owed on the mortgage after the foreclosure sale proceeds have been applied to the debt. More
• Q: How Can a Lender Foreclose on a Property in Rhode Island?
  A: Rhode Island lenders may foreclose on a property through the court system or outside of the court system, depending on the terms of the mortgage agreement. If … More
• Q: How Long Does the Typical Foreclosure Process Take in Rhode Island?
  A: The typical foreclosure in Rhode Island can be completed in just 60 -90 days. Of course, there are circumstances that can extend that typical schedule.  More
• Q: How Long Does the Typical Foreclosure Process Take in Rhode Island?
  A: The typical foreclosure in Rhode Island can be completed in just 60 -90 days. Of course, there are circumstances that can extend that typical schedule.  More
• Q: Can I Keep My Home If I File Bankruptcy in Rhode Island?
  A: Rhode Island law allows a homeowner to keep up to $300,000 of the equity in his or her home when the homeowner files for bankruptcy. If the homeowner has $300,000 or … More

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