Louisiana Code of Civil Procedure 2296 – Reduction of excessive seizure
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Terms Used In Louisiana Code of Civil Procedure 2296
- Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
If several items of property have been seized, or if one item of property which is divisible into portions has been seized, and if the value of the property seized exceeds what is reasonably necessary to satisfy the judgment, including interest and costs, the judgment debtor may obtain the release of the excess items or portion by contradictory motion filed not less than ten days before the day fixed for the sale.
The judgment debtor may not obtain the release of property on which the judgment creditor has a mortgage, or a privilege other than that resulting from the seizure.