What is the foreclosure timeline for my state?

In West Virginia, there is a timeline for a foreclosure process that homeowners must be aware of. When homeowners fail to make payments on their mortgage, they may be subject to foreclosure. Once a homeowner is delinquent for more than 45 days, they will receive a Notice of Foreclosure from their lender. This document serves as the first legal step in the foreclosure process and specifies the amount of the payment that is past due along with other details. At this point, the homeowner has 20 days to catch up on payments or seek a loan modification or other alternative. If the homeowner does not take action within the 20-day timeline, their lender may file a foreclosure complaint with the court. The homeowner will then receive a summons, notifying them of the lawsuit and giving them 35 days to answer the summons. If the homeowner fails to answer the summons, a judgment will be entered against them, and a foreclosure sale date will be set. The foreclosure sale must happen within 45 days of the entering of the judgment. After the sale, the homeowner will be sent a post-sale notice detailing the results of the sale. If the property is sold at the foreclosure sale, the homeowner has 10 days to vacate the property. The new owner is then free to take possession. The entire foreclosure timeline in West Virginia takes an average of 120 days. This timeline is subject to change depending on the circumstances of each case. In some cases, the timeline may be shorter or longer. As such, it is important for homeowners to stay abreast of the timeline and any changes that may arise.

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What is the foreclosure timeline for my state?

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