Mich. Comp. Laws § 600.3120

Current through Public Act 39 of the 2024 Legislative Session
Section 600.3120 - Foreclosure proceeding; judgment of sale; payment of principal, interest, and costs

If, after a judgment of sale is entered against him, the defendant brings into court the principal and interest due with costs, the proceedings in the action shall be stayed; but the court shall enter a judgment of foreclosure and sale to be enforced by a further order of the court upon a subsequent default in the payment of any portion or installment of the principal, or of any interest thereafter to become due.

MCL 600.3120

1961, Act 236, Eff. 1/1/1963.