[edit] Attorney General’s Office

109 State Street

Montpelier, VT 05609-1001

Ph: (802) 828-3171

Fax: (802) 828-2154

[edit] STATE SUMMARY:

First Legal Action: Publicaiton

Time Frame from 1st Legal Action to Sale Action: 60 Days-5 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*: Yes; Varies by Process

Deficiency Judgments Allowed: Yes

Foreclosure Postponement Available: No, Must Restart

Super Lien State:

Certified Breach Letter State: Yes

Lender Retains Copy of the Breach Letter: Yes

Eligible for Tax Advance Repayment Plans: No

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.