SB 1576: RELATING TO FORECLOSURES.
- Session Year: 2025-2026
- House: Senate
- Latest Version Date: 2025-01-22
Current Status:
In Progress
(2025-12-08: Carried over to 2026 Regular Session.)
Introduced
In Committee
First Chamber
In Committee
Second Chamber
Final Decking
Enacted
Version:
Clarifies the limitation of actions to recover debts related to notes and mortgage notes shall be six years. Prohibits creditors from pursuing deficiency judgments against residential property owners upon completion of a judicial or nonjudicial foreclosure.