Keeping possession of real property without a right, such as after a lease has expired or after the real property has be sold by the possessor, may entitle the owner to file a lawsuit for "unlawful detainer," asking for possession by court order, unpaid rent and damages. This form is for illustrative purposes only. Local laws should be consulted to determine any specific requirements for such a notice in a particular jurisdiction.
Wyoming Complaint or Petition by Purchaser Against Possessor of Real Property After Judicial Foreclosure Sale - Repossession
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US-01018BG
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How to fill out Complaint Or Petition By Purchaser Against Possessor Of Real Property After Judicial Foreclosure Sale - Repossession?
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FAQ
In a judicial foreclosure, after the judge orders the sale of a home, it's usually auctioned off to the highest bidder. The homeowner has some time after the sale to buy the home back from the successful bidder (called the right of redemption). The amount of time depends on whether the sale satisfied the debt.
The lender will bring a lawsuit in court, and a judge will review the evidence submitted by both sides. They may hold a hearing to decide whether the homeowner is in default on the loan. The homeowner can try to reach a settlement with the lender before the hearing to prevent the foreclosure.
Again, Wyoming foreclosures typically go through a nonjudicial process. Judicial foreclosures can also happen but are uncommon. To begin a nonjudicial foreclosure, the bank publishes a notice of sale in a newspaper once a week for four consecutive weeks before the sale. (Wyo.
If you default on your mortgage payments in Wyoming, the lender may foreclose using a judicial or nonjudicial method.
What is the biggest differences between judicial foreclosure and strict foreclosure? that strict foreclosure does NOT involve a foreclosure sale.