An Act temporarily protecting recently widowed spouses from foreclosure
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Progress
Where this bill stands in the legislative process.
- Introduced
- Passed House
- Passed Senate
- To Governor
- Became Law
Overview
This bill provides temporary protection for recently widowed spouses facing foreclosure. It aims to delay foreclosure proceedings for a specified period after the death of a borrower spouse, giving the surviving spouse time to adjust to their loss and manage their finances. The legislation seeks to offer a measure of stability during a difficult transition. It is intended to prevent immediate loss of housing for grieving individuals.
Key provisions
- Delays foreclosure proceedings after the death of a borrower spouse.
- Applies to recently widowed spouses.
- Provides a temporary protection period.
- Referenced to the House Committee on Financial Services.
- Scheduled for a hearing on November 18, 2025.
- Reported favorably by committee.
- Ordered to a third reading in the House.
- Rules suspended.
Who is affected
- Recently widowed spouses
- Mortgage lenders
- Homeowners facing foreclosure
Notable changes
- Offers a temporary delay in foreclosure proceedings for a specific group of borrowers.
- Addresses the unique financial challenges faced by recently widowed individuals.
Bill text
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Sponsors
Official sponsors from legislative records.
2 on record
Primary sponsor
Cosponsor
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