Topic: Florida Deficiency Judgements
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Answers to Common Questions
How Long Untill the Deficiency Judgement in Florida
A judgment of foreclosure and sale INCLUDES a money judgment. However, the lender needs to dispose of the home before they can enter the dificiency judgment. You can watch for the home when it comes on the market and judge for yourself. Read More »
Source: http://www.expertlaw.com/forums/showthread.php?t=70450
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
More Common Questions
Answers to Other Common Questions
A deficiency judgment is defined as, "a judgment for the amount a homeowner owes the lender after a house or other asset is foreclosed upon and sold by the creditor for less than the actual debt---mortgage or car loan, for example---that is...
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Source: http://www.ehow.com/how_6829959_collect-during-short-sale-florida...
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...
A deficiency judgment can be collected in the same manner as other judgments (wage garnishment, siezing bank accounts, etc). They can't mess with your credit cards.
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Source: http://answers.yahoo.com/question/index?qid=20070328081204AAPHKZF
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...
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Source: http://activerain.com/blogsview/1191158/metro-detroit-michigan-sh...
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_...
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...