In case the parties to any such foreclosure action shall agree in writing upon terms of compromise settlement thereof, or of composition of the mortgage indebtedness, or both, the court shall have jurisdiction and may by its order confirm and approve such settlement or composition, or both, as the case may be.
Miss. Code Ann. § 89-1-315
Approval of compromise settlements or compositions of mortgage indebtedness
Laws, 1980, ch. 371, § 8, eff from and after passage (approved April 25, 1980
Current official text: Mississippi Code (LexisNexis). Digitized from the UniCourt Code Improvement Commission public-domain capture. Reproduced from public-domain Mississippi statutes; confirm against the official source for the current text. Not legal advice.