Stop Foreclosure Pennsylvania

Did you know there are several programs that can help save your Pennsylvania home and stop the impending foreclosure? Loss Mitigation Agencies, such as ours, are experts in these programs and have assisted thousands of homeowners by providing straight answers and viable solutions.

Sometimes things beyond your control can put you into a financial bind that makes it hard to keep up with your mortgage payments. Don't let a missed mortgage payments in Pennsylvania PA turn into default, mortgage foreclosure or eviction.

You and your family can rely upon us to provide guidance, comfort and assurance through this current situation. Let us reduce your stress and put you at ease.

Complete the quick form on the right side of this page and our professional loss mitigation legal expert will contact you!

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Pennsylvania PA Foreclosure Laws

Lenders in the state of Pennsylvania may foreclose on mortgages in default using the judicial foreclosure process.

Judicial Foreclosure

A judicial process of foreclosure requires that the lender file a lawsuit and attain a court order to foreclose on a particular property.

Judicial Foreclosure Procedure

To initiate foreclosure proceedings, the lender must mail a Notice of Intent to foreclose to the borrower. The borrower has to be at least sixty (60) days in default before the notice can be sent. The lender has to specifically state in the notice that they intend to accelerate the mortgage payments if the borrower is unable to cure the default within thirty (30) days.

If the borrower fails to cure within the allotted time, the lender may then file a suit to try and obtain a court order to foreclose on the property. With a court order, the property is sold at Sheriff’s sale under the court-established guidelines. Up until one hour prior to the foreclosure sale, the borrower can cure the default and stop the sale. Once the sale is complete, the borrower looses all rights to redeem.

Lenders have up to six (6) months after the foreclosure sale to file for a deficiency judgment.

Legal Information Is Not The Same as Legal Advice This site provides information about Pennsylvania state foreclosure law designed to help users safely cope with their own legal needs and possible find alternatives. Everyone's legal status is different. The laws of every state are in constant change and we recommend you consult a lawyer.