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HI HB371
Bill
Status
Introduced
1/26/2015
Primary Sponsor
Joy San Buenaventura
Click for details
AI Summary
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Amends Hawaii Revised Statutes Section 667-1.5 to add a new subsection (b) prohibiting mortgage creditors from executing on any asset of the debtor beyond the asset that is secured by the mortgage
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Maintains existing provisions allowing circuit courts to assess amounts due on mortgages without jury intervention and to issue foreclosure judgments
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Takes effect upon approval and does not affect rights, duties, penalties, or proceedings that began before the effective date
Legislative Description
Foreclosures; Asset
Last Action
The committee(s) on CPC recommend(s) that the measure be deferred.
2/18/2015
Committee Referrals
Consumer Protection & Commerce1/26/2015
Full Bill Text
No bill text available