A In General

LibraryForeclosures Guidebook (2017 Ed.)

A. In General

Although nonjudicial foreclosure under power of sale is used for the vast majority of all deed of trust foreclosures in Missouri, it is not the exclusive method. As an alternative, Missouri recognizes two additional procedures: statutory judicial foreclosure and equitable foreclosure. Because the nonjudicial foreclosure is relatively quick and cheap, these other two...

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