Art. 3723 Enforcement by executory proceeding

If you have a mortgage on your property and the lender wants to foreclose using an executory proceeding, they have to follow a specific set of legal steps laid out in Articles 2631 through 2724. This is a faster way to foreclose compared to a regular lawsuit, but the lender still can't skip steps or cut corners. They must follow the exact process the law requires.

For homeowners, this means the lender needs proper paperwork and has to meet every requirement in those articles before they can seize and sell your property. If they don't follow these rules correctly, you may have grounds to challenge the foreclosure. It's worth checking that your lender followed each required step, since executory proceedings move quickly and give you less time to respond than a standard court case.