A lender may file a lawsuit in Wisconsin state court in order to foreclose upon the property. The court will set the public notice requirements that will be required in addition to the lawsuit’s filing.
If the loan documents permit a lender to proceed without court involvement then the lender must follow the public notice requirements set forth in the agreement. If the agreement is silent as to public notice then the lender must, record the Notice of Sale with the county office responsible for recording land records and publish the Notice of Sale weekly for six weeks in the county newspaper.
Speak to an Experienced Foreclosure and Alternatives Attorney Today
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.