Foreclosure in Ohio is the process whereby a mortgagor is able to reclaim possession of a debtor’s home when said debtor fails to make his or her mortgage payments in a timely fashion. Simply missing a payment or two is not sufficient to give creditors this right. Instead, a court must be satisfied that the mortgagor has complied with the foreclosure process laid out in Ohio’s statutes before the court will grant a foreclosure.
Creditors do not foreclose on properties until there has been some “breach,” or violation, of the mortgage agreement by the debtor. Most often, the breach that leads to foreclosure is the debtor’s failure to make timely payments on the mortgage note. From there, the process generally proceeds as follows:
At Walker Novack Legal Group, LLC, we recognize that ensuring the debtor(s) is properly served can be challenging, especially if the creditor suspects that the debtor is attempting to avoid service. Not only this, but certain service members may be entitled to additional notice or time to respond to a foreclosure proceeding. Improper or insufficient documentary evidence showing the existence of the note and demonstrating how the debtor has violated the note can also result in a delay in obtaining a foreclosure.
Walker Novack Legal Group represents Ohio creditors and mortgagors in foreclosure proceedings. Our firm, which you can reach by calling (614) 423-8276, helps prepare and prosecute our clients’ foreclosure proceedings from start to finish. Learn more about our experience and approach in these types of cases by contacting our office now to meet with one of our seasoned creditor’s rights attorneys.
Walker Novack Legal Group, LLC
5013 Pine Creek Drive
Westerville, Ohio 43081
P: (614) 423-8276
F: (614) 767-0695