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How Can a Lender Foreclose on a Property in Delaware?

All Delaware property foreclosures are judicial foreclosures. That means that the lender must sue the borrower in court in order to foreclose on the property. In Delaware, it is the burden of the borrower to show that s/he is not in default on the property loan once the lender begins a court proceeding. If the borrower cannot show that the loan is current then the court issues an order of foreclosure and the property may be sold.

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This article is intended to be helpful and informative. But even common legal matters can become complex and stressful. A qualified foreclosure and alternatives lawyer can address your particular legal needs, explain the law, and represent you in court. Take the first step now and contact a local foreclosure and alternatives attorney to discuss your specific legal situation.

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