What protection do homeowners have in a foreclosure process?

In a foreclosure process in Washington, homeowners have some protection. Generally, a homeowner in foreclosure cannot be evicted from their home until the foreclosure process is finished. Homeowners may be protected from double collection of payments by the bank, meaning that the bank cannot collect a payment from the homeowner while they are in foreclosure. Additionally, Washington state law requires that the mortgage servicer provide written notice to the homeowner of their rights. This notice must be sent to the homeowner within 30 days of the lapse in payments and must include language explaining the homeowner’s right to the foreclosure process. The notice must also provide the homeowner with contact information for a housing counseling agency and other services for help in avoiding foreclosure. Additionally, the notice must provide the homeowner with a detailed explanation of the foreclosure process, including the process for reinstating the loan and potential options for avoiding foreclosure. Finally, a homeowner in Washington has a right to a judicial foreclosure process. This process allows the homeowner to contest the foreclosure in an administrative court or to negotiate with the bank. This provides an additional layer of protection for the homeowner in the foreclosure process.

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What protection do homeowners have in a foreclosure process?

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