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

Follow Ups:

Name    : 
E-Mail  : 
Subject : 

Comments:
: 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


Optional Link URL : 
Link Title        : 
Optional Image URL: 

    

    
    
    
   

Foreclosures Section

Foreclosure Help

Foreclosure Investing

Real Estate Articles

Our Site Resources

Discussion Archives