28 chapters · 223 sections in this title.
RCW 60.10.010 Definitions.
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As used in this chapter:(1) The term "lien debtor" means the person who is obligated, owes payment or other performance. Where the lien debtor and the owner of the collateral are not the same person, the term "lien debtor" means the owner of the collateral.(2) "Collateral" means …
RCW 60.10.020 Methods of foreclosure.
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Any lien upon personal property, excluded by *RCW 62A.9-104 from the provisions of the Uniform Commercial Code (Title 62A RCW), may be foreclosed by: (1) An action in the district court having jurisdiction in the district in which the property is situated in accordance with RCW 6…
RCW 60.10.023 Judicial foreclosure of personal property liens.
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The provisions of chapter 61.12 RCW, so far as they are applicable, govern in actions for the judicial foreclosure of liens on personal property excluded by *RCW 62A.9-104 from the provisions of the Uniform Commercial Code, Title 62A RCW. The lienholder may proceed on the lien; a…
RCW 60.10.027 Judicial foreclosure of a security interest.
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The provisions of chapter 61.12 RCW, so far as they are applicable, shall also be available to a secured party seeking to enforce a security interest by judicial proceedings as authorized by *RCW 62A.9-501(1). In such a proceeding, the court shall enter a judgment foreclosing the…
RCW 60.10.030 Notice and sale—Priorities—Sale procedure—Surplus—Deficiency—Obligation of lienholder.
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(1) A lien foreclosure authorized by RCW 60.10.020 may be summarily foreclosed by notice and sale as provided herein. The lienholder may sell, or otherwise dispose of the collateral in its then condition or following any commercially reasonable preparation or processing. The proc…
RCW 60.10.040 Rights and interest of purchaser for value—Certificates of title.
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When a lien is foreclosed in accordance with the provisions of this chapter, the disposition transfers to a purchaser for value all of the lien debtor's rights therein, discharges the lien under which it is made and any security interest or lien subordinate thereto. The purchaser…
RCW 60.10.050 Redemption.
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At any time before the lienholder has disposed of collateral or entered into a contract for its disposition under this chapter, the lien debtor or any other secured party may redeem the collateral by tendering fulfillment of all obligations to the holder that are secured by the c…
RCW 60.10.060 Noncompliance with chapter—Rights of lien debtor.
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If it is established that the lienholder is not proceeding in accordance with the provisions of this chapter disposition may be ordered or restrained on appropriate terms and conditions. If the disposition has occurred the lien debtor or any person entitled to notification or who…
RCW 60.10.070 "Commercially reasonable."
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As used in this chapter, "commercially reasonable" shall be construed in a manner consistent with the following:The fact that a better price could have been obtained by a sale at a different time or in a different method from that selected by the lienholder is not of itself suffi…