Home › State by State Foreclosure Laws

Missouri Foreclosure Law and Procedure

Here is a summary of foreclosure laws and rules for the State of Missouri:

  • Lenders use either a mortgage or deed of trust.
  • Lenders primarily use deed of trust and foreclose by trustee sale. The foreclosure begins with publication. It can take up to 60 days to process the documents and the date of publication must be published for 10 days.
  • The redemption period is 365 days. Redemption is only allowed if the primary lender is the successful bidder. The rights of redemption are severely restricted in Missouri.
If you are interested in reading the actual statutes relevant to mortgage and foreclosure in Missouri those laws are available online.
Learn more about what the above procedures and rules mean. Review the homeowner foreclosure guide on this website.
Posted by Ralphmcd3 on Sat, 02/23/2008 - 16:21

Post new comment

  • Web page addresses and e-mail addresses turn into links automatically.
  • Allowed HTML tags: <a> <em> <strong> <cite> <code> <ul> <ol> <li> <dl> <dt> <dd>
  • Lines and paragraphs break automatically.

More information about formatting options

CAPTCHA
This question is for testing whether you are a human visitor and to prevent automated spam submissions.
3 + 6 =
Solve this simple math problem and enter the result. E.g. for 1+3, enter 4.