A Pennsylvania Writ of Execution (Mortgage Foreclosure) is a legal document issued by a court of competent jurisdiction in the Commonwealth of Pennsylvania. It grants a creditor or lender the authority to take possession of a debtor’s property for the purpose of satisfying a debt. This document is typically used in the event of default on a mortgage loan, and is a formal request for a sheriff or constable to execute a foreclosure sale of the mortgaged property. There are two types of Pennsylvania Writ of Execution (Mortgage Foreclosure): judicial foreclosure, and non-judicial (power of sale) foreclosure. Judicial foreclosure is a court-supervised process that begins when a creditor files a complaint and the court issues an order of sale. Non-judicial foreclosure, on the other hand, involves a creditor exercising its right to sell the mortgaged property without a court order.
A Pennsylvania Writ of Execution (Mortgage Foreclosure) is a legal document issued by a court of competent jurisdiction in the Commonwealth of Pennsylvania. It grants a creditor or lender the authority to take possession of a debtor’s property for the purpose of satisfying a debt. This document is typically used in the event of default on a mortgage loan, and is a formal request for a sheriff or constable to execute a foreclosure sale of the mortgaged property. There are two types of Pennsylvania Writ of Execution (Mortgage Foreclosure): judicial foreclosure, and non-judicial (power of sale) foreclosure. Judicial foreclosure is a court-supervised process that begins when a creditor files a complaint and the court issues an order of sale. Non-judicial foreclosure, on the other hand, involves a creditor exercising its right to sell the mortgaged property without a court order.
