Topic: Deficiency Judgements
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What are the deficiency judgement laws in Georgia?
J. Deficiency Judgment The foreclosure sale may not produce enough cash to pay the loan balance in full, after deducting expenses and accrued unpaid interest. In this case, the lender may be entitled to a personal judgment against the borro... Read More »
Source: http://wiki.answers.com/Q/What+is+georgia's+laws+on+deficiency+ju...
What are the deficiency judgement laws in Pennsylvania?
Deficiency judgments are allowed in Pennsylvania if the mortgage company files a separate lawsuit against the borrowers after the original foreclosure auction. If the mortgagee (usually the foreclosing bank) purchases the property at the au... Read More »
Source: http://wiki.answers.com/Q/What+are+pennsylvania+wacky+laws
what is a deficiency judgement?
I am starting this blog because of my specialization in short sales in the Metro-Detroit Michigan area and the lack of accurate information out there surrounding this new and fascinating field. I am a short sale specialist in Oakland, Wayne... Read More »
Source: http://activerain.com/blogsview/1191158/metro-detroit-michigan-sh...
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Deficiency Judgements
(n.) Judgment in favor of a creditor who has not satisfied the full amount of a claim against a debtor
Dictionary.com . See all 1 definitions »
More Common Questions
Answers to Other Common Questions
None. There is no debtor's prison in the US.
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Source: http://wiki.answers.com/Q/How_much_jailtime_for_unpaid_deficiency...
cretin
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Source: http://wiki.answers.com/Q/What_word_means_one_deficient_in_judgem...
You basically have two three choices. See what happens in court, pay the full amount of the deficiency to avoid court, or do what I would do. Call the lender and try to get them to accept less than the amount they are suing for. They may ve...
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Source: http://wiki.answers.com/Q/What_do_you_do_when_you_are_being_sued_...
Generally speaking, your assets, (current and future), as well as your income (current and future) can and will be subject to seizure (termed garnishment when wages) to satisfy the debt they got a judgement for. Obviously, they can (and as ...
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Source: http://wiki.answers.com/Q/How_are_deficiency_judgements_collected...
12 years. Ontrack Financial Group llc Https://www.OntrackFinancialGroup.com 888-686-6834
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Source: http://wiki.answers.com/Q/What_is_Marylands_statute_of_limitation...
Really it depends on what your assets are. In asset protection, you'll notice that most people whom have a judgement against them, sell everything and move to Florida. Florida is the only state in the US that protects your house, which is n...
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Source: http://answers.yahoo.com/question/index?qid=20070611100145AAn89ly
