Attorney General’s Office
Attorney General’s Office
P.O. Box 7857
Madison, WI 53707-7857
ph 608-266-1221
fax 608-266-2779
www.doj.state.wi.us
Type of Document: Mortgage
Types of Foreclosure:
Non judicial foreclosure may be held if the mortgage contains a
power of sale clause.
Judicial foreclosure is used when the power of sale clause is not
contained in the loan document.
Deficiency: Allowed in both judicial and non judicial foreclosure in
some cases. In a judicial foreclosure the lender may waive their right
to a deficiency and cut the foreclosure time down from one year to
six months.
Redemption: Unless the sale is confirmed, the property may be
redeemed for up to one year.
