If you own agricultural property in Iowa and are face with a foreclosure, there are still some options for you. Agricultural property has different laws than typical residential property. Read the full article here: https://www.oflaherty-law.com/learn-about-law/how-do-agricultural-foreclosures-work-in-iowa
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In this video, we discuss what happens with #agriculturalforeclosures including: What is #agriculturalproperty? What rights do agricultural borrowers have if they fail to make mortgage payments? What happens if the #borrower doesn’t cure the default?Are there any other steps the bank must take before filing a #foreclosure case? What happens if the bank files a #foreclosurelawsuit? What happens if a #defaultjudgment is entered? How does a receivership work in an agricultural foreclosure? What happens if the bank sells the property? Is it possible to ask for a stay of the foreclosure sale in Iowa? Can a borrower avoid the court process in Iowa?