This page explains what a residential foreclosure is, the steps involved in the process, and where to get help. Learn about the Utah foreclosure process, including preforeclosure steps, foreclosure procedures, and homeowner rights.Utah foreclosures typically go through a nonjudicial process. Judicial foreclosures can also happen but are uncommon. This rule limits a lender to bringing only one foreclosure proceeding or court action against a borrower who falls behind in mortgage payments. The lender must file a notice of default in the county in which the property is located and with the defaulting borrower within three (3) months of the default. This happens if the foreclosure sale price is less than the amount remaining on your mortgage; it's called a "deficiency." The other document was a security agreement a mortgage or deed of trust in which you pledged your house as security for the loan. When a trust deed or mortgage goes into default, the lender has the right to declare the entire balance of the loan due and file a lawsuit to collect the debt. A borrower in Idaho may reinstate their loan up to 115 days after the notice of default is recorded.