Does Wisconsin Law Allow for a Redemption Period After a Foreclosure?
Yes, Wisconsin law allows a borrower a 12 month period to redeem property that was foreclosed unless a court has confirmed the foreclosure. A court confirmation of foreclosure ends the redemption period. Therefore, many lenders apply for a court confirmation of foreclosure.
Additional Foreclosure Articles
- Where and When do Foreclosure Sales Take Place in Wisconsin?
- What Public Notice Requirements are There for a Real Estate Foreclosure in Wisconsin?
- Can a Lender Sue a Borrower for a Deficiency Judgment if the Lender is Still Owed Money After a Foreclosure Sale in Wisconsin?
- How Can a Lender Foreclose on a Property in Wisconsin?
- How Long Does the Typical Foreclosure Process Take in Wisconsin?
- Can I Keep My Home If I File Bankruptcy in Wisconsin?
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