Finance
In Wyoming, a deed of trust allows the lender to foreclose through a non-judicial process called:
AJudicial foreclosure
BPower of sale foreclosure✓ Correct
CStrict foreclosure
DDeficiency judgment foreclosure
Explanation
Wyoming deeds of trust include a power of sale clause that allows the trustee to foreclose without court involvement. This non-judicial foreclosure process is faster than judicial foreclosure and is the most common foreclosure method in Wyoming.
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