French term (edited): action en rel�ve de forclusion

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French term (edited): action en rel�ve de forclusion

Can bankruptcy save my house from foreclosure
... Since the creditor's lien is not eliminated by the bankruptcy, Chapter 7
provides temporary relief from foreclosure, but no lasting solution. ...
www.moranlaw.net/foreclosure.htm - 8k - Cached - Similar pages

Soldier and Sailors Civil Relief Act (SSCRA): Free Arizona ...
... By establishing the aforementioned facts, a service member can seek
relief from foreclosure by the mortgage company. He or she should ...
arizona.foreclosurecounseling.com/foreclosure_help/ military_foreclosure.asp - 13k - Cached - Similar pages

Common Questions: Bankruptcy
... bankruptcy. And since a creditor’s lien remains on the home afterward,
bankruptcy provides only temporary relief from foreclosure. ...
www.prairielaw.com/articles/ article.asp?channelid=25&articleid=1454 - 50k - Oct 7, 2003 - Cached - Similar pages

Delinquent Assessment
... The granting of relief from foreclosure and granting of an extension for payment
shall not be construed as a waiver by City of the right to foreclose.
www.ci.bend.or.us/policy/delassess.htm - 5k -


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Note added at 2 hrs 25 mins (2003-10-09 19:05:45 GMT)
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The indicated context is \"recovery proceedings\" and we are thus in the realm of foreclosure on securities:

Domaine(s) : - finance
emprunt et prêt


français


forclusion n. f.
Équivalent(s) English foreclosure



Définition :
Prise de possession par le prêteur d\'une propriété engagée en garantie ou sur hypothèque, en raison du défaut de payer par le débiteur.


Sous-entrée(s) :
quasi-synonyme(s)
saisie en réalisation de la garantie d\'hypothèque n. f.




--------------------------------------------------------------------------------

[Office de la langue française, 1984]



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Note added at 2 hrs 26 mins (2003-10-09 19:06:03 GMT)
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The indicated context is \"recovery proceedings\" and we are thus in the realm of foreclosure on securities:

Domaine(s) : - finance
emprunt et prêt


français


forclusion n. f.
Équivalent(s) English foreclosure



Définition :
Prise de possession par le prêteur d\'une propriété engagée en garantie ou sur hypothèque, en raison du défaut de payer par le débiteur.


Sous-entrée(s) :
quasi-synonyme(s)
saisie en réalisation de la garantie d\'hypothèque n. f.




--------------------------------------------------------------------------------

[Office de la langue française, 1984]



--------------------------------------------------
Note added at 2 hrs 29 mins (2003-10-09 19:09:42 GMT)
--------------------------------------------------

The indicated context is \"recovery proceedings\" and we are thus in the realm of foreclosure on securities:

Domaine(s) : - finance
emprunt et prêt


français


forclusion n. f.
Équivalent(s) English foreclosure



Définition :
Prise de possession par le prêteur d\'une propriété engagée en garantie ou sur hypothèque, en raison du défaut de payer par le débiteur.


Sous-entrée(s) :
quasi-synonyme(s)
saisie en réalisation de la garantie d\'hypothèque n. f.




--------------------------------------------------------------------------------

[Office de la langue française, 1984]



--------------------------------------------------
Note added at 2 hrs 35 mins (2003-10-09 19:15:13 GMT)
--------------------------------------------------

The indicated context is \"recovery proceedings\" and we are thus in the realm of foreclosure on securities:

Domaine(s) : - finance
emprunt et prêt


français


forclusion n. f.
Équivalent(s) English foreclosure



Définition :
Prise de possession par le prêteur d\'une propriété engagée en garantie ou sur hypothèque, en raison du défaut de payer par le débiteur.


Sous-entrée(s) :
quasi-synonyme(s)
saisie en réalisation de la garantie d\'hypothèque n. f.




--------------------------------------------------------------------------------

[Office de la langue française, 1984]

French term (edited): action en rel�ve de forclusion

Depending on the exact context. Has to do with time limits in any event and Counsel is probably equally right.

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Note added at 2 hrs 42 mins (2003-10-09 19:21:54 GMT)
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Reinstatement: To bring something back to its prior position, as in restoring a lapsed insurance policy or restoring a defaulted loan to paid-up status. ...
www.noteone.com/glossarycontentr.asp
You can also check Black\'s for the meaning of reinstatement.

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Note added at 3 hrs 21 mins (2003-10-09 20:01:10 GMT)
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Perhaps some of the confusion here comes from the spelling of \"relève\" which probably ought to be \"relevé\":

Une requête en relevé de forclusion est présentée par le créancier lorsque celui-ci a omis de déclarer sa créance dans le délai de deux mois à compter de la publication au BODACC (Bulletin Officiel des Annonces Civiles et Commerciales) du jugement d\'ouverture de redressement ou de liquidation judiciaire pour des raisons indépendantes de la volonté du créancier. La possiblité de présenter une telle requête est elle même assortie d\'un délai, celui d\'un an à compter de l\'ouverture de la procédure collective.

\"Relèvement de forclusion\" also exists, apparently, and may have a different meaning.

forclusion: is in fact the statute of limitations as in TIME OR DEADLINE


cheers

Because the statute of limitations bars this cause of action, we REVERSE the judgment
of the district court and REMAND with instructions that the district ...
www.law.emory.edu/11circuit/apr99/97-5874.opn.html - 15k - Cached - Similar pages

[PDF]IN THE SUPREME COURT OF THE COMMONWEALTH OF THE NORTHERN MARIANA ...
File Format: PDF/Adobe Acrobat - View as HTML
Your browser may not have a PDF reader available. Google recommends visiting our text version of this document.
... that Pua’s claim is barred by the statute of limitations ... The issue upon which we
reverse is whether the ... Land Exchange Act creates a judicial cause of action. ...
cnmilaw.org/htmldl/s96-042.pdf - Similar pages

Opinion No. 24540, CAROLYN MONTJOY etc. v. ONE STOP OF ABBEVILLE ...
... could commence an action within one year after each loss. We reverse the trial judge's
finding that appellant's claim is barred by the statute of limitations. ...
www.law.sc.edu/opinions/24540.htm - 8k - Cached - Similar pages

SC Code of Laws Title 29 Chapter 4 Reverse Mortgages - www. ...
... the borrower has taken prior action which secures ... the lender's right to collect reverse
mortgage proceeds is subject to the applicable statute of limitations ...
www.lpitr.state.sc.us/code/t29c004.htm - 11k - Cached - Similar pages



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Note added at 2003-10-09 20:58:27 (GMT)
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I believe also that it is reverse, since only higher courts do this not regular court

relever is not relief; it is the idea of dismissing a previous judicial decision or whatever

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Note added at 2003-10-10 05:41:57 (GMT)
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note to William

I knew your answer was off prima facie....I know forclusion is not forclosure....except in very rare circumstances....sorry, William

or "an action for waiver of lapse of rights",
as in Legifrance's translation of the topic provision of France's Commercial Code, (see ref. 1):
Article L621-46
"Should they fail to submit a declaration of debt within the time limits to be laid down by an Order approved by the Conseil d'Etat, the creditors shall not be included in any distributions of assets or dividends unless the insolvency judge shall waive the lapse of their rights, where they prove that they were prevented from doing so by circumstances beyond their control. In any such case, they shall be entitled to be included only in any distributions effected after the date of their application.

Lapse of rights may not be pleaded against the creditors mentioned in Article L.621-43, first sub-paragraph, second sentence unless notice shall have been served on them personally.

An action for waiver of lapse of rights may be brought only within a period of one year from the decision to commence insolvency proceedings or..."

Where lapse of rights shall not have been waived, any undeclared debts shall be extinguished."

Here it refers to a bar, a legal impediment, which is different from the ordinary statute of limitation; it is a specific bar applying only within and for the purpose of the insolvency procedure;
"L'action en relevé de forclusion prévue à l'article L.621-46 du Code de commerce permet au créancier d'une entreprise en redressement judiciaire ou en liquidation judiciaire qui n'a pas déclaré ses créances dans les délais impartis de demander au Juge-Commissaire de le relever de la forclusion encourue afin d'éviter l'extinction de sa créance." (see ref. 2)

if a creditor has failed to declare his claim during that 1 year period, he can file an action for relief from procedural time bar; I think that this is a clear and non confusing translation.