Re: Deficiency Judgement

Posted by fp on January 29, 2009 at 05:24:34:

In Reply to: Deficiency Judgement posted by Fred on January 28, 2009 at 15:01:36:

dr,

you may have miss-read or read more into the original question.

Appearently your responce "may" be accurate if the 2nd choose to foreclose. However if the second choose not to foreclose but just sue on the note instead, my understanding is that a DJ can be obtained by the plaintiff.

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