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Foreclosure in Louisiana is called:

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Question & Answer

Review the question and all answer choices

A

Trustee sale

Trustee sale is incorrect because this term applies to non-judicial foreclosure processes in states like California, not Louisiana's system. Louisiana does not use the trust deed system that typically involves trustee sales.

B

Executory process or ordinary process

Correct Answer
C

Strict foreclosure

Strict foreclosure is incorrect because this is a rare foreclosure method where the court awards the property to the lender without a sale, which is not used in Louisiana's foreclosure process.

D

Power of sale

Power of sale is incorrect because this refers to a non-judicial foreclosure process allowed by a power-of-sale clause in the mortgage, which is not the primary method used in Louisiana.

Why is this correct?

Louisiana uses 'executory process or ordinary process' for foreclosures due to its unique civil law system. This terminology specifically refers to Louisiana's judicial foreclosure procedures, which differ from the common law foreclosure terms used in other states.

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