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HI HB371

Bill

Status

Introduced

1/26/2015

Primary Sponsor

Joy San Buenaventura

Click for details

Origin

House of Representatives

2015 Regular Session

AI Summary

  • 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

  • Maintains existing provisions allowing circuit courts to assess amounts due on mortgages without jury intervention and to issue foreclosure judgments

  • 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