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HAWAII STATUTES AND CODES

§667-37 - Judicial action of foreclosure before public sale.

     [§667-37]  Judicial action of foreclosure before public sale.  This part shall not prohibit the borrower, the foreclosing mortgagee, or any other creditor having a recorded lien on the mortgaged property before the recordation of the notice of default under section 667-23, from filing an action for the judicial foreclosure of the mortgaged property in the circuit court of the circuit where the mortgaged property is located; provided that the action is filed before the public sale is held.  While that circuit court foreclosure action is pending, the power of sale foreclosure process shall be stayed. [L 1998, c 122, pt of §1]

 

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