FinancingGeneralMEDIUM
Foreclosure in Mississippi is typically:
Correct Answer
B) Non-judicial through power of sale
Mississippi allows non-judicial foreclosure.
Answer Options
A
Judicial onlyB
Non-judicial through power of saleC
Strict foreclosureD
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Related Topics & Key Terms
Related Topics:
foreclosure-procedures-state-by-statemortgage-versus-deed-of-trustborrower-redemption-rightspower-of-sale-clauses
Key Terms:
non-judicial foreclosurepower of saleMississippi foreclosuredeed of trustMiss. Code Ann. § 89-1-55
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