Section 206. Enforcement by action; when and in what courts; procedure in action to foreclose real property mortgage applicable in actions to foreclose a mortgage or other lien  


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  • An action may be maintained to
      foreclose a lien upon a chattel, for a sum of money, in any  case  where
      such  a lien exists at the commencement of the action. The action may be
      brought in any court, of record or  not  of  record,  which  would  have
      jurisdiction to render a judgment, in an action founded upon a contract,
      for  a  sum  equal  to  the amount of the lien. For the purposes of this
      section and of sections two hundred seven to two hundred ten inclusive a
      chattel mortgage to secure the payment of a loan of money or other debt,
      or the purchase price of chattels, a contract  of  conditional  sale  of
      personal  property,  a hiring of personal property where title is not to
      vest in the person hiring until payment of a certain sum and a  security
      interest  created by a security agreement in personal property, shall be
      deemed a lien upon a chattel. The procedure in an action to foreclose  a
      mortgage  on  real  property,  in  so far as it may be applicable, shall
      apply in actions to foreclose a mortgage or other lien  on  chattels  or
      other personal property.