The Foreclosure Process

Utah has its own foreclosure process.  A helpful link is Utah Foreclosure Help which contains a lot of helpful information about foreclosure and assistance scams.  In summary, it takes about 200 days from the time you make your last house payment until the time your lender can foreclose or sell your property.  After 90 days of missed payments, the lender can file a NOD or Notice of Default.  This is public record as it is recorded at the County Recorder's office.  You then have 90 days after the Notice of Default to "cure" or catch up on all of the arrears.  At that point, if still in arrears, the lender can set a date for foreclosure which must be published for 3 weeks in a local newspaper.  So 200 days is the minimum, and it is very common for lenders to take longer than that as they attempt to work with you on a loan modification or other loss mitigation alternative.Adam Brown is a bankruptcy attorney for Dexter & Dexter, a debt relief agency helping people file for bankruptcy.