Report Title:

Foreclosures; Waiting Period

 

Description:

Requires the circuit court to provide written notification to parties to a foreclosure action for a specified period prior to the issuance of a judgment.  Takes effect on July 1, 2009, and sunsets June 30, 2010.

 


HOUSE OF REPRESENTATIVES

H.B. NO.

976

TWENTY-FIFTH LEGISLATURE, 2009

 

STATE OF HAWAII

 

 

 

 

 

 

A BILL FOR AN ACT


 

 

Relating to foreclosure.

 

 

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF HAWAII:

 


     SECTION 1.  Prior to the rendering of a judgment on the foreclosure of a mortgage pursuant to chapter 667, Hawaii Revised Statutes, the circuit court shall notify the mortgagor and any subsequent mortgagee in writing at least ninety days prior to the issuance of the judgment.

     SECTION 2.  This Act shall take effect on July 1, 2009, and shall be repealed on June 30, 2010.

 

INTRODUCED BY:

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