Does Missouri Law Allow for a Redemption Period After a Foreclosure?
Yes. The statutes which allow a right of redemption in Missouri are complicated. Typically, a borrower must post a bond within 20 days of the foreclosure sale and then complete the redemption within one year of the foreclosure sale date.
Additional Foreclosure Articles
- Where and When do Foreclosure Sales Take Place in Missouri?
- What Public Notice Requirements are There for a Real Estate Foreclosure in Missouri?
- Can a Lender Sue a Borrower for a Deficiency Judgment if the Lender is Still Owed Money After a Foreclosure Sale in Missouri?
- How Can a Lender Foreclose on a Property in Missouri?
- How Long Does the Typical Foreclosure Process Take in Missouri?
- Can I Keep My Home If I File Bankruptcy in Missouri?
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