How Can a Lender Foreclose on a Property in Maine?

All Maine foreclosures occur through the judicial system. A lender may sue a borrower in state court if the borrower defaults on his or her mortgage loan. A complaint must be provided along with a lis pendens that provides the public with notice of the upcoming foreclosure sale. State law provides specific public notice and sale requirements with which lenders must comply.

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This article is intended to be helpful and informative. But even common legal matters can become complex and stressful. A qualified foreclosure lawyer can address your particular legal needs, explain the law, and represent you in court. Take the first step now and contact a local foreclosure attorney to discuss your specific legal situation.

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