Foreclosure -- La. RS 47:2266.1

• Will Be a Part of Required Process after it leaves the hands of the political subdivision
• Typically not until passage of 3 years after filing of the tax lien in the mortgage records following the auction
• 365/180 Day (6 month) Notice  -- La. RS 47:2156   
• This is the Notice required prior to foreclosure – send to tax auction parties – not the responsibility of the political subdivision but relevant for your understanding of the entire process – acquiring party has to have specific things from the tax collector to attach to the petition and tax collector is notified/served.
  • “As of [insert date no more than 15 days prior to notice] the termination payment is X plus costs…..
  • Certification from the tax collector must be provided by the tax collector upon request (copy must be attached to the petition – referred to as “a statement certifying the amount of the termination price”)
  • Recommended that it includes a payment schedule for at least 6 months of what is owed to stop foreclosure
  • Affidavit for up to $500 for notice costs can be submitted to tax collector & attached to petition
• Curator must be appointed for absent defendant(s)
• Petition shall be served on the tax collector
• Plaintiff shall notify the clerk of court that all parties have been served
• Clerk of court shall serve notice upon the tax collector stating the date on which the last party has been served.
• Termination (Extinguishment) of lien only allowed until 30 days after last party served
• After that, extinguishment of lien can only be by order of court or by tax lien certificate holder.