Montana Foreclosure Laws

[edit] Attorney General’s Office

Justice Building

215 N. Sanders

P.O. Box 201401

Helena, MT 59620-1401

First Legal Action: Recording of the Notice of Sale

Time Frame from 1st Legal Action to Sale Action: 5 Months- 9 Months

Final Legal Action: Sale Date

Judicial Foreclosure Available: Yes

Non-Judicial Foreclosure Available: Yes

Method Primarily Used: Non-Judicial

Security Instruments: Deed of Trust, Mortgage

Right to Redemption*: None.

Deficiency Judgments Allowed: Yes; Judicial Foreclosure Only

Foreclosure Postponement Available: Yes

Super Lien State:

Certified Breach Letter State: No

Lender Retains Copy of the Breach Letter: No

Eligible for Tax Advance Repayment Plans: Yes

Statutory State: No

*A borrower’s right to repurchase property lost in foreclosure sale.

- A judgment against ones person making the borrower responsible for the remaining balance on the loan after a foreclosure/sheriff sale.