How long after a sheriff's sale can we get our house back?
I'm desperate! My husband was injured at work 3 yrs ago. I've been trying to provide for us since then. He has an attorney and a pending court case has been scheduled for about 2 weeks after our home (which had a judgement of foreclosure) will be sold at sheriff's sale. His atty has asked for the court date to be moved up to help us, but the defendant is dragging it out. My question is this: Can I petition my county courthouse to postpone the Sheriff's sale in the meantime? Where can I find a template for it? Can we still save the house after sale? How long after the sale do we have to get the money?
You can't request that a sheriff's sale be stopped unless you have all monies at the time that such a request is made. If not, Wisconsin has a something known as the "statutory right of redemption", which allows a party whose property has been foreclosed to reclaim that property by making payment in full of the sum of the unpaid loan plus costs. There is a time limit to undertake such redemption which is typically twelve (12) months after the sale unless the foreclosure has been confirmed by court order.