How to stop a foreclosure in Nevada

Yes. For a home you live in, you can stop a trustee sale by paying the missed amounts plus the costs and fees tied to the notice, until 5 days before the sale date. The lender cannot accelerate the loan if you make good the default in time. Before the Notice of Default, the servicer must tell you in writing the total amount needed to cure. In a court (judicial) foreclosure, you can catch up until 5 business days before the court-ordered sale.

NRS 107.0805(1)(a); NRS 107.080(3); NRS 107.500(1)(b); NRS 40.430(3)

Yes. Nevada's Foreclosure Mediation Program is in state law and is run by the district courts, with Home Means Nevada, Inc. handling notices and certificates. It covers a home that is your primary residence. Within 30 days after you are served with the Notice of Default, you file a Petition for Foreclosure Mediation Assistance with the district court, pay the fees and mail copies to the lender, the trustee and Home Means Nevada by certified mail. The Civil Law Self-Help Center lists a $25 filing fee (which can be waived) and a $250 mediation fee in Clark County. The lender must bring the loan papers and someone with authority to agree to a modification, and the sale cannot go forward until mediation is done. You can also ask for mediation before any Notice of Default if a HUD-approved counselor certifies a documented hardship and that you cannot make a payment within the next 90 days. Mediation does not apply while a bankruptcy case is open or to HOA foreclosures.

For a loan on a home you live in, the servicer must send a pre-foreclosure notice and contact you about options before a Notice of Default. If you apply for a loan modification or other option, it must confirm receipt within 5 business days, decide within 30 days of a complete application and give you at least 30 days to appeal a denial. It must give you a single point of contact and cannot charge application fees. Lenders that foreclosed on 100 or fewer Nevada homes in the past year are exempt.

NRS 107.460, 107.500, 107.510, 107.520, 107.530, 107.540

While your application is pending, the servicer cannot record a Notice of Default or Notice of Sale or hold a sale. Before the trustee's deed is recorded, you can ask a court to stop a sale over a material violation. After the sale, you can sue for your actual economic damages, or the greater of three times those damages or $50,000 if the violation was intentional or reckless. A servicer that follows the federal mortgage servicing rules is treated as complying.

NRS 107.530(1), (5); NRS 107.560

For a home you live in, the trustee must serve you, usually in person, a notice that says YOU ARE IN DANGER OF LOSING YOUR HOME at least 60 days before the sale. The Notice of Default must be posted on the home at least 100 days before the sale. If the trustee does not follow the notice rules, a court must award at least $5,000 or three times your actual damages, and can stop the sale until the rules are followed.

NRS 107.085; NRS 107.087; NRS 107.080(8)

If you show proof that you are a federal, tribal or state worker affected by a government shutdown, or a household member or landlord of one, no one may start a foreclosure against you during the shutdown and for 90 days after it ends, unless a court orders otherwise.

NRS 40.4395

Your HOA can foreclose for unpaid assessments, and up to 9 months of regular assessments plus capped collection costs take priority over your first mortgage. Before collecting, the HOA must send a fee schedule, a proposed repayment plan and notice of your right to a hearing. It cannot foreclose only over fines for rule violations, except for health and safety threats, or while your mortgage foreclosure mediation is pending. You have 90 days after its Notice of Default to pay.

NRS 116.3116; NRS 116.31162