Louisiana Statutes

§ 13:4106 — Deficiency judgment prohibited if sale made without appraisement

Louisiana § 13:4106
JurisdictionLouisiana
Title 13Courts and Judicial Procedure

This text of Louisiana § 13:4106 (Deficiency judgment prohibited if sale made without appraisement) is published on Counsel Stack Legal Research, covering Louisiana primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
La. Stat. Ann. § 13:4106 (2026).

Text

A.Unless otherwise provided by law, if a mortgagee or other creditor takes advantage of a waiver of appraisement of his property, movable, immovable, or both, by a debtor, and the proceeds of the judicial sale thereof are insufficient to satisfy the debt for which the property was sold, the debt nevertheless shall stand fully satisfied and discharged insofar as it constitutes a personal obligation of the debtor. The mortgagee or other creditor shall not have a right thereafter to proceed against the debtor or any of his other property for such deficiency, except as otherwise provided by law or as provided in the next Subsection.
B.If a mortgage or pledge affects two or more properties, movable, immovable, or both, the judicial sale of any property so affected without appraisement shall n

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Legislative History

Amended by Acts 1952, No. 20, §1; Acts 1960, No. 32, §1, eff. Jan. 1, 1961; Acts 1989, No. 137, §8, eff. Sept. 1, 1989.

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Bluebook (online)
Louisiana § 13:4106, Counsel Stack Legal Research, https://law.counselstack.com/statute/la/13%3A4106.