Here is an excellent Timeline showing what the typical Foreclosure Timeline/Process looks like in Louisville, Kentucky. In Jefferson County, there are so many foreclosures that the timeline is usually much longer. however, this gives you a really good idea of what will take place.
Take special note of the time-frame in which you can resolve the situation before the foreclosure auction takes place at the end. Short Sales and Loan modifications are possible all along the way.
CLICK ON THE IMAGE BELOW TO ENLARGE