§ 206 — Enforcement by action; when and in what courts; procedure in action to foreclose real property mortgage applicable in actions to foreclos...

§ 206. Enforcement by action; when and in what courts; procedure in\naction to foreclose real property mortgage applicable in actions to\nforeclose a mortgage or other lien. An action may be maintained to\nforeclose a lien upon a chattel, for a sum of money, in any case where\nsuch a lien exists at the commencement of the action. The action may be\nbrought in any court, of record or not of record, which would have\njurisdiction to render a judgment, in an action founded upon a contract,\nfor a sum equal to the amount of the lien. For the purposes of this\nsection and of sections two hundred seven to two hundred ten inclusive a\nchattel mortgage to secure the payment of a loan of money or other debt,\nor the purchase price of chattels, a contract of conditional sale of\npersonal property, a hiring of personal property where title is not to\nvest in the person hiring until payment of a certain sum and a security\ninterest created by a security agreement in personal property, shall be\ndeemed a lien upon a chattel. The procedure in an action to foreclose a\nmortgage on real property, in so far as it may be applicable, shall\napply in actions to foreclose a mortgage or other lien on chattels or\nother personal property.\n