Connecticut § 49-31h Partial payment by homeowner mandated by court as condition for granting of restructuring order.

Connecticut Statutes

§ 49-31h — Partial payment by homeowner mandated by court as condition for granting of restructuring order.

Connecticut § 49-31h

Title 49Mortgages and Liens

Ch. 846Mortgages

This text of Connecticut § 49-31h (Partial payment by homeowner mandated by court as condition for granting of restructuring order.) is published on Counsel Stack Legal Research, covering Connecticut primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Conn. Gen. Stat. § 49-31h (2026).

Text

(a)As a condition to the granting of a restructuring order, the court may order the homeowner to pay to the lender during the restructuring period an amount not to exceed twenty-five per cent of his net income per month as a means of demonstrating the homeowner's good faith effort to reduce his mortgage indebtedness.

(b)For purposes of this section, “net income” shall include any unemployment benefit received by the homeowner in accordance with chapter 567.

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(a) As a condition to the granting of a restructuring order, the court may order the homeowner to pay to the lender during the restructuring period an amount not to exceed twenty-five per cent of his net income per month as a means of demonstrating the homeowner's good faith effort to reduce his mortgage indebtedness. (b) For purposes of this section, “net income” shall include any unemployment benefit received by the homeowner in accordance with chapter 567.

Legislative History

(P.A. 83-547, S. 10; June Sp. Sess. P.A. 83-29, S. 75.) History: June Sp. Sess. P.A. 83-29 deleted reference to “financial institution” and substituted “lender during the restructuring period” in lieu thereof. Cited. 29 CA 541; 31 CA 260; 34 CA 138.