Montana Foreclosure Law

Facts:

Judicial Foreclosure Available:     Yes

Non-Judicial Foreclosure Available:       Yes

Primary Security Instruments:      Deeds of Trust or Mortgage

Timeline:     Approximately 150 days

Right of Redemption:       No

Deficiency Judgments Allowed:       Yes, Judicial Foreclosure Only

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Quick Summary:

In Montana, lenders may foreclose on deeds of trusts or mortgages in default using either a judicial or non-judicial foreclosure process. 

 

The foreclosure timeline in Montana is approximately 150 days from the time you miss your first payment until a Notice of Default or Notice of Sale is issued to your actual foreclosure date and sale.

Montana borrowers do not have the right of redemption and are only allowed deficiency judgments in judicial foreclosure processes.

For more information on Montana Foreclosure laws and regulations visit  http://www.ncsl.org/public/leglinks.cfm and click on your state.

Or Contact:

Montana's Attorney General's Office
Justice Building
215 N. Sanders
P.O. Box 201401
Helena, MT 59620-1401