New York Foreclosure & Sale Judgement is a legal process that allows lenders to take possession of a property from a borrower who has defaulted on their mortgage loan. This process is governed by New York State Real Property Actions and Proceedings Law (RP APL). There are two main types of New York Foreclosure & Sale Judgement: judicial foreclosure and non-judicial foreclosure. Judicial foreclosure is a court-supervised process in which a lender can obtain a court order to foreclose on a borrower’s property. Non-judicial foreclosure is a process in which a lender can foreclose on a property without going through court. Both types of foreclosure require the lender to obtain a foreclosure judgement before they can take possession of the property. Once the lender obtains a foreclosure judgement, they can then proceed with the sale of the property at a public auction. The proceeds from the foreclosure sale are used to pay off the outstanding debt of the borrower.