Judicial Commercial Foreclosure Checklist (Foreclosure by Action) (MI) | Practical Law

Judicial Commercial Foreclosure Checklist (Foreclosure by Action) (MI) | Practical Law

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Judicial Commercial Foreclosure Checklist (Foreclosure by Action) (MI)

Practical Law Checklist w-029-5739 (Approx. 12 pages)

Judicial Commercial Foreclosure Checklist (Foreclosure by Action) (MI)

by James A. Martone, Dickinson Wright PLLC, with Practical Law Real Estate
Law stated as of 22 Sep 2022Michigan
A Checklist outlining important steps for a lender when preparing for and conducting a judicial foreclosure (foreclosure by action) of a mortgage secured by commercial real property in Michigan. This Checklist discusses pre-foreclosure considerations and covers the judicial foreclosure process from filing a complaint to obtaining a deficiency judgment.