Foreclosures Discussion Archive 14

Re: being sued

Posted by DeeB on June 26, 2005 at 10:53:13:



In Reply to: being sued posted by steve in PA on June 23, 2005 at 09:37:04:



If the house was sold for less than the balance of the mortgage, the bank can get a deficiency judgement and sue you for the balance. You are still responsible for the balance of the mortgage



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