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Although surprising to many, unlike money judgments, a judgment of foreclosure and sale (which is not a money judgment [FN1]) always had an eternal life. (For a more complete explanation, see “The Consequences of Sitting on a Foreclosure Judgment,” NYLJ, May 13, 2015, at 5, col. 2.) While there are reasons why a foreclosing plaintiff would usually wish to proceed to sale with some dispatch after obtaining the judgment of foreclosure and sale, there are any number of circumstances (pursuit of settlement being one of them) under which the plaintiff would refrain. And for the very reason that the efficacy of the judgment had no termination date, there was historically no obligation to set the sale at any precise moment (other than applicable publication requirements).

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