In Arizona, a judicial foreclosure is a court procedure. The plaintiff must file and serve a complaint, among other things. There is a deadline for the borrower and others to submit an answer. The plaintiff (the lender) could ask the court to enter a default judgment if no answer is submitted. If the defendant(s) or other parties submit an answer, a procedure of possible discovery, depositions, and ultimately a trial will follow. The court will likely enter a judgment in the plaintiff’s (lender) favor at the conclusion of the trial. The Sheriff’s Office will schedule the property’s public auction once the plaintiff (lender) obtains the judgment. There is a window of time for the defendant(s) (borrower, etc.) to “redeem” the property and stop the sale. The defendant(s) (borrower) forfeits all rights to the property, most likely their home, at the end of the redemption period.
Chapter 6, Article 2 – Foreclosure