2019 US Virgin Islands Code
Title 28 - Property
Chapter 23 - Foreclosure of Liens Upon Real Property
§ 537. Debt payable in installments
Universal Citation: V.I. Code tit. 28, § 537 (2019)
When an action is commenced to foreclose a lien by which a debt is secured, which debt is payable in installments, either of interest or principal, and any of such installments is not then due, the court shall adjudge a foreclosure of the lien, and may also adjudge a sale of the property for the satisfaction of the whole of such debt, or so much thereof as may be necessary to satisfy the installment then due, with costs of action. In the latter case the judgment of foreclosure as to the remainder of the property may be enforced by an order of sale, in whole or in part, whenever default shall be made in the payment of the installments not then due.
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