Posted by steele in minnesota on June 26, 2009 at 16:52:34:

In Reply to: Does HUD Pursue Deficiency Judgements? posted by Lee on June 26, 2009 at 13:48:56:

Please clarify this statement,"I'm not eligible for short sale or deed in leiu because of the small amount of money I have so I'm just going to let it go into forclosure."

That doesn't make sense to me. People without money, ie. hardship, are the one these alternatives are usually given to.

Deficiency judgements are largely regulated by state statute. The charts I looked at for Wisconsin suggest that DJ are "not practical". FWIW

Follow Ups:

• Re: Does HUD Pursue Deficiency Judgements? - Lee Mueller 16:55:24 06/26/09 (1)
  • Re: Does HUD Pursue Deficiency Judgements? - steele in minnesota 19:17:36 06/26/09 (0)

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