Louisiana Revised Statutes > Title 9 > CODE TITLE XX-A > Chapter 1 > Part V – Pledge or Assignment of Secured Instruments
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| § 9:4422 | Obligations secured by mortgages or privileges; signatures and writings deemed authentic for purposes of foreclosure |
Terms Used In Louisiana Revised Statutes > Title 9 > CODE TITLE XX-A > Chapter 1 > Part V - Pledge or Assignment of Secured Instruments
- Evidence: Information presented in testimony or in documents that is used to persuade the fact finder (judge or jury) to decide the case for one side or the other.
- Foreclosure: A legal process in which property that is collateral or security for a loan may be sold to help repay the loan when the loan is in default. Source: OCC
- Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
- Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.