Louisiana Code of Civil Procedure 3742 – Notice of seizure
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Terms Used In Louisiana Code of Civil Procedure 3742
- Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
When property subject to a legal or a judicial mortgage is no longer owned by the original debtor, the seizing creditor shall cause notices of the seizure to be served by the sheriff upon both the original debtor and the present owner.