Kansas Statutes

§ 61-3702 — Foreclosure of security interest; procedure; orders; execution; judgment

Kansas·Ch. 61 PROCEDURE, CIVIL, FOR LIMITED ACTIONS·Art. 37 REPLEVIN AND FORECLOSURE OF SECURED INTERESTS

A plaintiff may bring an action to reduce an indebtedness to a money judgment and to foreclose the security interest in specific personal property given to secure such indebtedness. The plaintiff, at any time before judgment is rendered, may obtain immediate possession of the specified property as follows:

(a)Petition. The plaintiff shall file a petition signed under penalty of perjury stating:
(1)The plaintiff is the secured creditor of the defendant;
(2)the instrument of indebtedness or the terms thereof;
(3)the amount of the indebtedness owed;
(4)the security agreement or the terms thereof;
(5)a description of the personal property;
(6)that plaintiff is lawfully entitled to the foreclosure of the specific personal property;
(7)the estimated value of each item of personal propert

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Related

§ 61-3001
Kansas § 61-3001
§ 60-705
Kansas § 60-705
§ 61-3703
Kansas § 61-3703

Legislative History

L. 2000, ch. 161, § 74; L. 2010, ch. 135, § 216; July 1.

Nearby Sections

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