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In the state of Oklahoma, when a bank or other lender hasn’t received a home mortgage payment within three to six months, they will then initiate the foreclosure process. There are generally six stages you can expect your lender to go through as they attempt to collect the money you owe through the foreclosure of your home. These six steps your lender will follow include:
While the process may vary slightly depending on your particular circumstances, you can expect that if you are behind on your mortgage payments, your lender is only going to wait a short period of time before they make attempts to collect all the unpaid debt that is due to them.
Have you defaulted on your mortgage payments? Are you at risk of losing your house to foreclosure? If you wish to learn more on how a foreclosure attorney in Oklahoma can assist you and increase your chances of keeping your property, give us a call today here at USAttorneys.com. We can help you find a legal representative no matter what city you reside in.
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