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Chapter 3 of Title 46 of the Pohnpei State Code - Judicial Foreclosure.

Country/Territory
Micronesia, Fed. States
Territorial subdivision
Pohnpei
Document type
Legislation
Date
1966 (2006)
Source
FAO, FAOLEX
Subject
Land & soil
Keyword
Legal proceedings/administrative proceedings
Geographical area
Asia and the Pacific, Micronesia, Oceania, Small Island Developing States, South Pacific
Abstract

This Chapter sets out conditions and procedures for judicial foreclosing on the property of a debtor by the creditor. The creditor may bring a civil action for foreclosure in such manner as the court may order. The creditor may at any time abandon non-judicial foreclosure procedures and proceed by a civil action. After having carried out the proper procedural requirements regarding the defendant or defendants, the court may order foreclosure in such manner as it deems will best protect the rights of the parties.

Full text
English
Website
www.vanuatu.usp.ac.fj