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50 U.S.C. § 3954

Title 50 Chapter 50 Current through PL 119-73 Last updated: March 29, 2026 View on OLRC →
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§ 3954. Settlement of stayed cases relating to personal property

  • (a) When a stay is granted pursuant to this chapter in a proceeding to foreclose a mortgage on or to repossess personal property, or to rescind or terminate a contract for the purchase of personal property, the court may appoint three disinterested parties to appraise the property.
  • (b) Based on the appraisal, and if undue hardship to the servicemember’s dependents will not result, the court may order that the amount of the servicemember’s equity in the property be paid to the servicemember, or the servicemember’s dependents, as a condition of foreclosing the mortgage, repossessing the property, or rescinding or terminating the contract.

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