If you believe a lender foreclosed improperly, you will need evidence. To prove wrongful foreclosure, you generally must show that the lender or servicer did not have the right to foreclose or did not follow the law or the loan documents. What You May Need to Prove Wrongful Foreclosure Payment history. Bank statements, canceled checks […]

Once a foreclosure sale happens, can you reverse it? Sometimes, but it is difficult. In Arkansas, the answer depends largely on what kind of foreclosure it was and whether the required steps were followed. Statutory Foreclosure Sales Many Arkansas foreclosures are statutory, meaning they happen without a lawsuit. Once a statutory foreclosure sale happens, redemption […]

Homeowners facing foreclosure often ask whether there is a foreclosure redemption period in Arkansas. In other words, can you buy back your home after the sale? It depends on the type of foreclosure and your mortgage. Statutory Foreclosure: No Redemption After the Sale Many Arkansas foreclosures are statutory, which means the lender forecloses without filing […]

Many homeowners are surprised to learn that a lender can foreclose without going to court. That process is called non-judicial foreclosure, and it is common in Arkansas. What Is Non-Judicial Foreclosure? In Arkansas, non-judicial foreclosure is often called statutory foreclosure. If a mortgage or deed of trust allows it, the lender can foreclose by following […]