Presentment and Payment of Claims · Presentment and Payment of Secured Claims for Money
If property that is the subject of a foreclosure sale authorized and conducted under this subchapter is not sold because no bid at the sale met the minimum price set by the court, the claim holder may file a subsequent application for foreclosure under Section 355.155(b)(3). The court may eliminate or modify the minimum price requirement and grant permission for another foreclosure sale.
Official text of the Texas Estates Code as published by the Texas Legislative Council.
