Arkansas Homeowners

Arkansas Foreclosure Assistance — Stop Foreclosure in AR

Arkansas uses non-judicial foreclosure with a 60-day timeline. AR offers strong statutory protections including a 1-year redemption right for certain mortgages. Free consultation.

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Arkansas Foreclosure Laws & Timeline

Arkansas is a non-judicial foreclosure state where the process takes approximately 60-90 days under the Statutory Foreclosure Act (Ark. Code Ann. §18-50-101). Arkansas uses a deed of trust system with a statutory right to cure — you can reinstate the loan by paying past-due amounts up to 10 days before the sale. AR also provides limited deficiency protections: if the sale price is less than the debt, the lender must file a separate lawsuit and the deficiency is limited to the difference between debt and fair market value.

Judicial vs. Non-Judicial Foreclosure in Arkansas

Arkansas is primarily non-judicial — the Statutory Foreclosure Act allows lenders to foreclose without court involvement. Judicial foreclosure exists but is less common. In a non-judicial process: (1) the trustee must record a notice of default and provide at least 10 days notice before the sale, (2) the sale is held at the county courthouse, and (3) you have the right to cure up to 10 days before the sale date. There is no post-sale right of redemption in AR, but deficiency judgments are limited to fair market value.

Step-by-Step Arkansas Foreclosure Timeline

1

Notice of Default — 60 Days Before Sale

The trustee sends a notice of default. Under the Statutory Foreclosure Act, the sale date must be at least 60 days after the notice. You have the right to cure up to 10 days before sale. This is your window for reinstatement, modification, or bankruptcy.

2

Notice of Sale Published — 10+ Days

The notice of sale is published and posted. The sale date must be at least 10 days after the notice. You can still cure up to 10 days before sale. AR's statutory right to cure is a strong protection.

3

Trustee Sale — No Redemption Period

The sale is held at the county courthouse. Arkansas has no post-sale redemption period. The winning bidder receives a trustee's deed. If the lender seeks a deficiency, it must file a separate suit and the deficiency is limited to fair market value difference.

Arkansas Homeowner Rights & Protections

Statutory Right to Cure

Cure up to 10 days before sale. Pay past-due amounts plus costs to reinstate.

FMV Deficiency Cap

Any deficiency is limited to debt minus fair market value — not the auction price.

60-Day Notice Period

The notice must give at least 60 days before sale, providing a meaningful window.

Courthouse Sales

All sales occur at the county courthouse — providing transparency.

Homestead Exemption

AR homestead exemption protects up to $2,500 of equity (unlimited acreage).

Separate Deficiency Suit

Lender must file a separate lawsuit for deficiency, giving you procedural opportunities.

Arkansas Foreclosure Assistance Options

Arkansas' right to cure and FMV cap give you leverage:

Frequently Asked Questions — Arkansas Foreclosure

How long does foreclosure take in Arkansas?
Can I reinstate my Arkansas loan?
Can I get my AR home back after foreclosure?
Does Arkansas limit deficiency judgments?
What AR counties do you serve?
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Arkansas Foreclosure Laws

Arkansas uses non-judicial foreclosure under a power of sale. The process takes about 60 days. AR offers a 1-year statutory right of redemption for certain mortgages. Deficiency judgments are limited under AR's fair market value rule.

1

Notice of Default

Lender sends notice. 10-day right to cure. Opportunity to negotiate.

2

Notice of Sale

Published for 4 weeks. 10-day notice to homeowner. Trustee sale scheduled.

3

Trustee Sale & Redemption

Auction held. 1-year redemption for certain loans. FMV deficiency limit.

Arkansas Key Protections

  • 1-year redemption for certain mortgages
  • Non-judicial — ~60 day timeline
  • Deficiency limited to FMV
  • 10-day right to cure
  • 4-week publication requirement
  • Statutory protections apply

Arkansas Homeowners — 1-Year Redemption Is Your Right

AR gives you a year to redeem after the sale on qualifying mortgages. Don't wait. Free consultation.