N.Y. Military Law § 313: Settlement of cases involving stayed proceeding in foreclosure or repossession of personal property

§ 313. Settlement of cases involving stayed proceeding in foreclosure

or repossession of personal property. Where a proceeding to foreclose a

mortgage upon or to resume possession of personal property, or to

rescind or terminate a contract for the purchase thereof, has been

stayed as provided in this act, the court may, unless in its opinion an

undue hardship would result to the dependents of the person in military

service, appoint three disinterested parties to appraise the property

and, based upon the report of the appraisers, order such sum, if any, as

may be just, paid to the person in military service or his dependent, as

the case may be, as a condition of foreclosing the mortgage, resuming

possession of the property, or rescinding or terminating the contract.