Most eastern states require court intervention in a foreclosure proceeding, therefore, they are judicial foreclosure states. Predominantly, loans in Montana are created by a Deed of Trust and the procedure is dictated by state statute, making most foreclosures in Montana non-judicial. However, if the deed of trust does not contain power of sale language, the lender may seek judicial foreclosure.
For more information about legal aspects of any transaction, you need to seek the advice of any attorney. However, if we can be of help to you in any way, please don’t hesitate to Contact Us.