Attorneys

Vermont Foreclosure FAQs

• Q: Does Vermont Law Allow for a Redemption Period After a Foreclosure?
  A: Yes, Vermont law does allow a borrower to redeem a property after foreclosure. In most cases the borrower has 6 months from the date of the foreclosure sale to … More
• Q: Where and When do Foreclosure Sales Take Place in Vermont?
  A: The date, time and location of a Vermont property foreclosure sale is determined by the lender in accordance with the time guidelines set forth for the foreclosure … More
• Q: What Public Notice Requirements are There for a Real Estate Foreclosure in Vermont?
  A: Vermont law allows for strict judicial foreclosures and for non judicial foreclosures if loan agreements so authorize. If a non judicial foreclosure is pursued … More
• Q: Can a Lender Sue a Borrower for a Deficiency Judgment if the Lender is Still Owed Money After a Foreclosure Sale in Vermont?
  A: Yes, Vermont law allows a lender to recover money owed on a mortgage after a foreclosure sale has been finalized. More
• Q: How Can a Lender Foreclose on a Property in Vermont?
  A: Vermont is a strict foreclosure state. That means that until the mortgage is paid in full, the lender is considered the legal owner of the property and if the … More
• Q: How Long Does the Typical Foreclosure Process Take in Vermont?
  A: Vermont foreclosures take several months to complete. Typically, the process can be completed about 7 or 8 months after the lender initiates foreclosure … More
• Q: Can I Keep My Home If I File Bankruptcy in Vermont?
  A: Vermont protects the first $75,000 of home equity from unsecured creditors through the state homestead exemption law. That means that if a Vermont homeowner has … More

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