ARKANSAS STATUTORY FORECLOSURES – AN ABUNDANCE OF NOTICE
ARKANSAS STATUTORY FORECLOSURES – AN ABUNDANCE OF NOTICE Arkansas is one of many states that have a statutory foreclosure act, allowing lenders to foreclose without filing a lawsuit. Arkansas enacted its Statutory Foreclosure Act (“the Act”) in 1987 (Ark. Code Ann. §§ 18-50-101 (Supp. 2011). Arkansas also allows for judicial foreclosures, but many lenders choose…
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