DEFICIENCY JUDGMENTS
GENERAL PROVISIONS


Rule 3276. Scope.

 The rules of this chapter govern proceedings pursuant to Section 8103 of the Judicial Code, 42 Pa.C.S. §  8103, relating to deficiency judgments.

   Official Note

   Section 8103(a) of the Judicial Code provides for a petition to fix the fair market value of real property sold in execution proceedings where the price for the property sold is not sufficient to satisfy the amount of the judgment, interest and costs and the judgment creditor seeks to collect the balance due.

 Section 8103(d) provides for a petition to have the judgment marked satisfied, released and discharged when the judgment creditor has not initiated a timely proceeding under Section 8103(a).

 Rules 3276—3280 are general provisions applicable to both types of petitions. Rules 3281—3286 are special rules applicable to petitions under Section 8103(a) while Rules 3287—3291 apply to petitions under Section 8103(d).

Source

   The provisions of this Rule 3276 adopted December 6, 1996, effective January 1, 1997, 26 Pa.B. 6068.



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