New York § 313 Settlement of cases involving stayed proceeding in foreclosure or repossession of personal property

New York Statutes

§ 313 — Settlement of cases involving stayed proceeding in foreclosure or repossession of personal property

New York § 313

Law MILMilitary

Art. 13New York State Soldiers' and Sailors' Civil Relief Act

This text of New York § 313 (Settlement of cases involving stayed proceeding in foreclosure or repossession of personal property) is published on Counsel Stack Legal Research, covering New York primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

N.Y. Military § 313 (2026).

Text

  § 313. Settlement of cases involving stayed proceeding in foreclosure\nor repossession of personal property.  Where a proceeding to foreclose a\nmortgage upon or to resume possession of personal property, or to\nrescind or terminate a contract for the purchase thereof, has been\nstayed as provided in this act, the court may, unless in its opinion an\nundue hardship would result to the dependents of the person in military\nservice, appoint three disinterested parties to appraise the property\nand, based upon the report of the appraisers, order such sum, if any, as\nmay be just, paid to the person in military service or his dependent, as\nthe case may be, as a condition of foreclosing the mortgage, resuming\npossession of the property, or rescinding or terminating the contract.\n

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§ 313. Settlement of cases involving stayed proceeding in foreclosure\nor repossession of personal property. Where a proceeding to foreclose a\nmortgage upon or to resume possession of personal property, or to\nrescind or terminate a contract for the purchase thereof, has been\nstayed as provided in this act, the court may, unless in its opinion an\nundue hardship would result to the dependents of the person in military\nservice, appoint three disinterested parties to appraise the property\nand, based upon the report of the appraisers, order such sum, if any, as\nmay be just, paid to the person in military service or his dependent, as\nthe case may be, as a condition of foreclosing the mortgage, resuming\npossession of the property, or rescinding or terminating the contract.\n