South Carolina Foreclosure Law

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stop foreclosure - foreclosure help - avoid foreclosure

Facts:

Judicial Foreclosure Available: Yes

Non-Judicial Foreclosure Available: No

Primary Security Instruments: Mortgage

Timeline: Varies

Right of Redemption: No

Deficiency Judgments Allowed: Yes

Quick Summary:

In South Carolina, lenders may foreclose on mortgages in default using a judicial foreclosure process only.

The foreclosure timeline in South Carolina varies 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.

South Carolina borrowers do not have the right of redemption but are allowed deficiency judgments.

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

Or Contact:

South Carolina's Attorney General's Office
P.O. Box 11549
Columbia, SC 29211
Ph: (803) 734-3970
Fax: (803) 734-4323

Disclaimer

Foreclosure Law Definitions

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