New Hampshire Revised Statutes 161-C:15 – Redemption
Current as of: 2023 | Check for updates
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Terms Used In New Hampshire Revised Statutes 161-C:15
- Commissioner: means the commissioner of the New Hampshire department of health and human services, or his designee or authorized representative. See New Hampshire Revised Statutes 161-C:2
- 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
- Lien: A claim against real or personal property in satisfaction of a debt.
- Person: means an individual, trust, estate, partnership, association, company, corporation, political subdivision of the state or instrumentality of the state. See New Hampshire Revised Statutes 161-C:2
- Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.
Any person owning real property, or any interest in real property, against which a support lien has been filed and foreclosure instituted, shall have the right to pay the amount due, together with expenses of the proceedings and reasonable attorney fees to the commissioner. Upon such payment the commissioner shall restore the property or any interest in such property to such owner and all further proceedings in the foreclosure action shall cease.