Rhode Island law allows the non-judicial process of foreclosure. This is the most commonly used because a power of sale clause exists in a mortgage or deed of trust. A “power of sale” clause is the clause iin a mortgage, where the borrower aggrees to the sale of property to settle a default on the promissory note attached to the mortgage. Many mortgages where a power of sale exists, the power given to the lender to sell the property may be illegal and possibly fraudulent. McKenna Law has the experience to stop foreclosures and protect your property rights
