Find a 2014 Bill:

2014 Regular Session



Real Property - Bankruptcy Proceedings - Expedited Foreclosure Timeline

Sponsored by:

Delegate Braveboy


In the House - First Reading House Rules and Executive Nominations

Synopsis:Requiring a secured party to petition the circuit court for leave to immediately commence an action to foreclose a mortgage or deed of trust on real property no later than 30 days after the foreclosure stay has been lifted in a bankruptcy proceeding, under specified circumstances; requiring an order to docket or a complaint to foreclose to be filed and to be served on a mortgagor or grantor no later than 30 days after the circuit court grants a specified petition; etc.
Analysis:Not available at this time
All Sponsors:Delegates Braveboy and Niemann
Additional Facts:Bill File Type: Regular
Effective Date(s): October 1, 2014
Rules and Executive Nominations
Broad Subject(s):Real Property
Commercial Law - Credit Regulation
Narrow Subject(s):Bankruptcy
Circuit Courts
Financial Regulation, Division of
Real Property
Rules and Regulations
Security Interests -see also- Liens; Mechanics' Liens

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October 24, 2017 1:54 P.M.