Hi - my name is XXXXX XXXXX X'm a Bankruptcy litigation attorney here to assist you.
Iowa has a statutory redemption period for 6-12 (6 months if the lender waives the right to collect the deficiency and 12 months if the lender doesn't waive the right to collect the deficiency) months from the date of the foreclosure sale. You're allowed to remain in the property during the redemption period.
Thus, you have a decent amount of time after the sale to vacate the property.
Is this soley a Judge's decision? Can they choose to lock us out or take our property to the curb with out notice?
Do I need to be prsent at the courthouse for the sale to plead for time to vacate?
The sale is not availible for redemption. We now have info that the vacate date could be as short as 30 days.
Does this sound accurate?
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