HB287 Alabama 2010 Session

This bill would prohibit a mortgagee from initiating foreclosure proceedings against the surviving spouse or the estate of a mortgagor who dies while deployed overseas on active duty military service for at least 180 days after the death. This bill would create the Military Family Relief Fund and provide that civil penalties would be paid into the fund. This bill would also provide that the moneys in the fund may be used by the Department of Veterans Affairs as an assistance fund for military families

To prohibit a mortgagee from initiating foreclosure proceedings against the surviving spouse or the estate of a mortgagor who died while deployed overseas on active duty military service for at least 180 days after the death; to provide civil penalties for violations; and to create the Military Family Relief Fund in the State Treasury and provide for its use.