Kentucky
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House Bill 354

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Last Action posted in committee
Title AN ACT relating to foreclosure actions.
Bill Documents Bill
Bill Request Number 883
Sponsors A. Simpson, K. Bratcher
Summary of Original Version Amend KRS 413.140 and 413.090 to reduce the statute of limitations for filing an action for a deficiency judgment after a foreclosure sale of real estate from 15 years to one year from the date of sale; amend KRS 426.520 to require the plaintiff in a foreclosure action to serve notice to the defendant of a deficiency within one year of the initial filing of the foreclosure if the property sells for two-thirds of the appraisal.
Index Headings of Original Version Banks and Financial Institutions - Foreclosure, statute of limitations for action on deficiency, reduction of
Courts - Foreclosure, statute of limitations for action on deficiency, reduction of
Courts, Circuit - Foreclosure, statute of limitations for action on deficiency, reduction of
Liens - Foreclosure, statute of limitations for action on deficiency, reduction of

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02/07/11
  • introduced in House
02/08/11
  • to Banking & Insurance (H)
02/18/11
  • posted in committee


Last updated: 1/16/2019 3:43 PM (EST)