How Can a Lender Foreclose on a Property in Delaware?
All Delaware property foreclosures are judicial foreclosures. That means that the lender must sue the borrower in court in order to foreclose on the property. In Delaware, it is the burden of the borrower to show that s/he is not in default on the property loan once the lender begins a court proceeding. If the borrower cannot show that the loan is current then the court issues an order of foreclosure and the property may be sold.