Missouri Foreclosure Law

Facts:

Judicial Foreclosure Available:     Yes

Non-Judicial Foreclosure Available:       Yes

Primary Security Instruments:     Deed of Trust or Mortgage

Timeline:      Approximately 60 Days

Right of Redemption:      Yes

Deficiency Judgments Allowed:      No

Quick Summary:

In Missouri, lenders may foreclose on deeds of trusts or mortgages in default using either a judicial or non-judicial foreclosure process. 

The foreclosure timeline in Missouri is typically 120 days from the time you miss your first payment until a Notice of Default or Notice of Sale is issued to your actual foreclosure date and sale.

Missouri borrowers have the right of redemption but are not allowed deficiency judgments.

For more information on Missouri Foreclsoure laws and regulations visit  http://www.ncsl.org/public/leglinks.cfm and click on your state.

Or Contact:

Missouri's Attorney General's Office
Supreme Court Building
P.O. Box 899
Jefferson City, MO 65102
Ph: (314) 751-3321
Fax:(314) 751-0774

Disclaimer

Foreclosure Law Definitions

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