Action to Foreclose Right of Redemption

[Farleyboy007]

My question involves judgment recovery in the State of: Maryland

I have a judgement against a guy, and someone is foreclosing the rights of redemption on one of his properties that was sold at auction. my lawyer (who is technically not my lawyer anymore) got served with the notice that as an interested party, i need to respond. What do i need to do to potentially, albeit it will be unlikely, get my share of the proceeds from the tax sale? from what i can understand, there was a mortgage for $27k (not sure if that's the remaining balance, or the original loan), the house was sold for $35k, with $3k due in taxes. It will probably be a waste of time, but is my understanding of the purpose of this correct? I don't have a lien on this specific property, but i do have a judgement against him in the city where this property is. Do i just need to fill out a form, and file it with the court to respond to this?

[Mr. Knowitall]

The "right of redemption" is what you get after foreclosure, permitting you to reimburse the buyer from the foreclosure sale for the money they spent to acquire the property (plus interest) in order to get your title back. By "foreclose" in this context, do you mean preempt - that the buyer at foreclosure wants a judgment that the former owner can no longer redeem?

[Farleyboy007]

sounds like it, the wording in the document is foreclose though. regardless, it says i need to file an answer or redeem (i'm assuming that verbage is directed at the previous owner?) before X date, i'm just not sure what filing an answer means, or what it potentially gets me.

[Mr. Knowitall]

If you don't answer, then you will be defaulted. If you appear and defend, from what you have told us, you would have the opportunity to try to preserve whatever interest you have in the property and/or its redemption.